
Home Price Key
These days, finding an affordable place to live in the Newark area can be challenging. Home prices in Newark are now at a median cost of $113,508, lower than the Arkansas average of $160,541.
The average cost of rent is $615/mo in Newark, primarily driven by the current value of real estate in the Newark area. While nearly 52.69% of residents own their homes outright in Newark, 31.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newark is $2,691 per month. Households that rent pay about 22.85% of their income on rent here. Newark's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Magness, AR: equally priced homes
- Sulphur Rock, AR: less expensive homes
- Rosie, AR: less expensive homes
- Charlotte, AR: higher priced homes
- Oil Trough, AR: less expensive homes
- Fitzgerald, AR: less expensive homes
- Macks, AR: less expensive homes
- Jacksonport, AR: less expensive homes
- Gainsboro, AR: higher priced homes
- Walnut Grove, AR: higher priced homes
Cities with Similar Populations
- Croghan, NY: equally priced homes
- Pettisville, OH: higher priced homes
- Summerhill, PA: higher priced homes
- South Carthage, TN: higher priced homes
- Shiloh, GA: higher priced homes
- Roxbury, CT: higher priced homes
- Rocheport, MO: higher priced homes
- Richlandtown, PA: higher priced homes
- Rerdell, FL: equally priced homes
- Port Dickinson, NY: equally priced homes
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