Market Overview
Home Prices in Newark, WI
The median home value in Newark, WI is $450,312 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.4% compared to a year ago and up 3.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Newark are priced10% above average. Newark is part of the Janesville-Beloit, WI metro area.
Over the past five years, Newark home values have risen by approximately41.9%, reflecting strong long-term appreciation in this market.
Price History
Newark Home Price Trend
City Comparison
Newark vs. National Median
At $450,312, homes in Newark cost 10% above the national median of $410,000. Buyers in Newark should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Newark?
20% Down Payment
$90,062
on $450,312
Monthly P&I
$2,349/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,983/mo
incl. taxes & insurance
Income Needed
$119,320
gross annual (30% rule)
10% Down Option
$45,031
+ PMI applies
Loan Amount (20% dn)
$360,250
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, WI?
The median home value in Newark is $450,312 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.4% year-over-year.
How much have home prices changed in Newark?
Over the past year, home values in Newark have increased by 6.4%. Over five years, prices have risen approximately 41.9%.
How much do I need to earn to buy a home in Newark?
To comfortably afford the median home price of $450,312 with a 20% down payment ($90,062) at today's rates (6.8%), you'd need a gross annual income of approximately $119,320. 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 $450,312, homes in Newark are 10% above the national average.
What metro area is Newark part of?
Newark is part of the Janesville-Beloit, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.