📍 Newark, TX · Zillow ZHVI · July 2026

Average Home Price in
Newark, TX

Dallas-Fort Worth-Arlington, TX metro area · Wise County County

Median Home Value
$304,955
↓ 3.8% year-over-year
vs. National Median
$410,000
Newark is 26% below
Est. Monthly Payment
$1,590/mo
20% down · 6.8% rate
Income Needed
$81K
gross annual (30% rule)
Median Home Value
$304,955
↓ 3.8% year-over-year

Down Payment (20%)$60,991
Monthly P&I$1,590/mo
With Taxes & Ins.~$2,019/mo
Income Needed$80,760/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Newark, TX

The median home value in Newark, TX is $304,955 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.8% compared to a year ago and down 2.6% from two years prior.

Compared to the U.S. national median of $410,000, homes in Newark are priced26% below average. Newark is part of the Dallas-Fort Worth-Arlington, TX metro area.

Over the past five years, Newark home values have risen by approximately14.3%, reflecting steady appreciation in this market.

City Comparison

Newark vs. National Median

🏠 Newark
$304,955
National Median
$410,000

At $304,955, homes in Newark cost 26% below the national median of $410,000. This makes Newark a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Newark?

20% Down Payment
$60,991
on $304,955
Monthly P&I
$1,590/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,019/mo
incl. taxes & insurance
Income Needed
$80,760
gross annual (30% rule)
10% Down Option
$30,496
+ PMI applies
Loan Amount (20% dn)
$243,964
at current rates

Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.

FAQ

Frequently Asked Questions

What is the average home price in Newark, TX?
The median home value in Newark is $304,955 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.8% year-over-year.
How much have home prices changed in Newark?
Over the past year, home values in Newark have decreased by 3.8%. Over five years, prices have risen approximately 14.3%.
How much do I need to earn to buy a home in Newark?
To comfortably afford the median home price of $304,955 with a 20% down payment ($60,991) at today's rates (6.8%), you'd need a gross annual income of approximately $80,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Newark compare to the national average home price?
The national median home value is approximately $410,000. At $304,955, homes in Newark are 26% below the national average.
What metro area is Newark part of?
Newark is part of the Dallas-Fort Worth-Arlington, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.