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Newark, IL

Full City Profile · Illinois · Kendall County County

3.5 /5.0
B+ Good
1,152 Population 1,029/sq mi density
$129,688 Median Income $49,788 per capita
$234,800 Home Value $401,162 Zillow
$1,018 Median Rent 25.0% income on rent
48°F Avg Temperature 275 sunny days/yr
299 Violent Crime/100K 1,047 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$129,688 median income, 1.2% unemployment
A+
Affordability
5.0 / 5.0
$234,800 home value, $1,018/mo rent
F
Safety
1.0 / 5.0
299 violent crimes/100K
C+
Education
3.0 / 5.0
24.9% bachelor's degree or higher

Housing Overview

Median Home Value
$234,800
17% below
US avg: $281,900
Median Rent
$1,018/mo
12% below
US avg: $1,163/mo
Homeownership Rate
86.6%
32% above US avg (65.4%)
Total Housing Units
431
Median year built: 1967

Home Value by Source

Census Median
$234,800
Zillow (ZHVI)
$401,162
Median Sale Price
$307,500
Median List Price
$149,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

86.6%
Owner-Occupied
13.4%
Renter-Occupied
87%
13%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,018/mo

Market Indicators (Redfin)

Median Days on Market
163 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$145
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
25.0%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
86.6%

Complete Housing Data

Home Values

Census Median Value$234,800
Zillow Home Value (ZHVI)$401,162
Median Sale Price$307,500
Median List Price$149,900
Price Per Sq Ft$145

Rent

Census Median Rent$1,018
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market163
Sale-to-List Ratio1.0%
Price Drops50.0%
Homes Sold2
Active Inventory2
Price Per Sq Ft$145

Ownership & Stock

Owner-Occupied86.6%
Renter-Occupied13.4%
Homeownership Rate86.6%
Total Housing Units431
Median Year Built1967
Rent Burden25.0%