Home Price Key
Affordable
Average
Expensive
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 $208,760, lower than the Georgia average of $231,203.
The average cost of rent is $906/mo in Newark, primarily driven by the current value of real estate in the Newark area. While nearly 34.74% of residents own their homes outright in Newark, 14.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newark is $6,540 per month. Households that rent pay about 13.85% of their income on rent here. Newark's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Dillon, GA: higher priced homes
- Pine Park, GA: less expensive homes
- Moncrief, GA: less expensive homes
- Metcalf, GA: higher priced homes
- Thomasville, GA: less expensive homes
- Cairo, GA: less expensive homes
- Glasgow, GA: higher priced homes
- Reno, GA: less expensive homes
- Boston, GA: less expensive homes
- Jarrott, FL: equally priced homes
Cities with Similar Populations
- Forks Of Salmon, CA: higher priced homes
- Timken, KS: less expensive homes
- Tidal, PA: less expensive homes
- Tenakee Springs, AK: equally priced homes
- Summerfield, NJ: higher priced homes
- Gage, NM: less expensive homes
- Fremont Center, NY: less expensive homes
- Freedom, KY: less expensive homes
- Fredonia, AR: less expensive homes
- Franklin Depot, NY: less expensive homes
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