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Newark, NY

Full City Profile · New York · Wayne County County

3.0 /5.0
B Good
9,040 Population 1,668/sq mi density
$58,096 Median Income $29,037 per capita
$122,600 Home Value $192,675 Zillow
$1,012 Median Rent 27.6% income on rent
47°F Avg Temperature 260 sunny days/yr
144 Violent Crime/100K 2,655 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$58,096 median income, 2.2% unemployment
A+
Affordability
5.0 / 5.0
$122,600 home value, $1,012/mo rent
F
Safety
1.0 / 5.0
144 violent crimes/100K
C
Education
2.5 / 5.0
18.2% bachelor's degree or higher

Housing Overview

Median Home Value
$122,600
57% below
US avg: $281,900
Median Rent
$1,012/mo
13% below
US avg: $1,163/mo
Homeownership Rate
57.0%
13% below US avg (65.4%)
Total Housing Units
4,080
Median year built: 1950

Home Value by Source

Census Median
$122,600
Zillow (ZHVI)
$192,675
Median Sale Price
$239,900
Median List Price
$169,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

57.0%
Owner-Occupied
43.0%
Renter-Occupied
57%
43%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent: $1,012/mo

Market Indicators (Redfin)

Median Days on Market
83 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$125
Active Inventory
6
homes for sale

Affordability & Housing Stock

Rent Burden
27.6%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1950
Average age of housing stock: 76 years
Homeownership Rate
57.0%

Complete Housing Data

Home Values

Census Median Value$122,600
Zillow Home Value (ZHVI)$192,675
Median Sale Price$239,900
Median List Price$169,900
Price Per Sq Ft$125

Rent

Census Median Rent$1,012
FMR Studio$1,215
FMR 1-Bedroom$1,315
FMR 2-Bedroom$1,579
FMR 3-Bedroom$1,976
FMR 4-Bedroom$2,193

Market

Days on Market83
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold3
Active Inventory6
Price Per Sq Ft$125

Ownership & Stock

Owner-Occupied57.0%
Renter-Occupied43.0%
Homeownership Rate57.0%
Total Housing Units4,080
Median Year Built1950
Rent Burden27.6%