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Newark, OH

Full City Profile · Ohio · Licking County County

3.1 /5.0
B Good
50,393 Population 2,402/sq mi density
$58,920 Median Income $31,813 per capita
$174,100 Home Value $237,921 Zillow
$926 Median Rent 26.2% income on rent
51°F Avg Temperature 275 sunny days/yr
296 Violent Crime/100K 3,329 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$58,920 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$174,100 home value, $926/mo rent
F
Safety
1.0 / 5.0
296 violent crimes/100K
C+
Education
2.8 / 5.0
22.1% bachelor's degree or higher

Housing Overview

Median Home Value
$174,100
38% below
US avg: $281,900
Median Rent
$926/mo
20% below
US avg: $1,163/mo
Homeownership Rate
55.6%
15% below US avg (65.4%)
Total Housing Units
22,192
Median year built: 1962

Home Value by Source

Census Median
$174,100
Zillow (ZHVI)
$237,921
Median Sale Price
$255,000
Median List Price
$267,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

55.6%
Owner-Occupied
44.4%
Renter-Occupied
56%
44%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent: $926/mo · Zillow rent: $1,210/mo

Market Indicators (Redfin)

Median Days on Market
54 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
40
Price Drops
10.1%
of listings with price reduction
Price Per Sq Ft
$168
Active Inventory
109
homes for sale

Affordability & Housing Stock

Rent Burden
26.2%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
55.6%

Complete Housing Data

Home Values

Census Median Value$174,100
Zillow Home Value (ZHVI)$237,921
Median Sale Price$255,000
Median List Price$267,450
Price Per Sq Ft$168

Rent

Census Median Rent$926
Zillow Rent (ZORI)$1,210
FMR Studio$816
FMR 1-Bedroom$873
FMR 2-Bedroom$1,092
FMR 3-Bedroom$1,388
FMR 4-Bedroom$1,550

Market

Days on Market54
Sale-to-List Ratio1.0%
Price Drops10.1%
Homes Sold40
Active Inventory109
Price Per Sq Ft$168

Ownership & Stock

Owner-Occupied55.6%
Renter-Occupied44.4%
Homeownership Rate55.6%
Total Housing Units22,192
Median Year Built1962
Rent Burden26.2%