Is Newark, NJ a buyer's market or a seller's market?
Newark, NJ is a seller's market right now. There are 4,223 homes for sale, and at the current pace of sales it would take about 2.8 months to sell all of them.
The rule of thumb agents use: under three months of homes for sale favors sellers, over five months favors buyers, and in between is a fair fight. Newark, NJ sits at 2.8.
There are more buyers than homes for sale. Sellers have the edge. The typical home took 20 days to go under contract, and 67% of sales closed above the asking price.
Source: Redfin's published market data for the Newark, NJ area, through May 2026.
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More about the Newark, NJ market
- When is the best month to sell a house in Newark, NJ?
- How long does it take to sell a house in Newark, NJ?
- Do homes sell above asking price in Newark, NJ?
- Are home prices going up or down in Newark, NJ?
- How many homes are for sale in Newark, NJ?
- All Newark, NJ housing numbers
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Figures come from Redfin's published market data for the Newark, NJ area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.