
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 $124,800, lower than the South Dakota average of $199,518.
The average cost of rent is $688/mo in Newark, primarily driven by the current value of real estate in the Newark area. While nearly 60.92% of residents own their homes outright in Newark, 16.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newark is $5,962 per month. Households that rent pay about 11.54% of their income on rent here. Newark's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Kidder, SD: equally priced homes
- Britton, SD: equally priced homes
- Cogswell, ND: equally priced homes
- Amherst, SD: equally priced homes
- Havana, ND: less expensive homes
- Straubville, ND: less expensive homes
- Spain, SD: equally priced homes
- Forman, ND: higher priced homes
- Ludden, ND: less expensive homes
- Hecla, SD: less expensive homes
Cities with Similar Populations
- Grafton, IN: higher priced homes
- Wingate, MD: less expensive homes
- Gum Spring, TN: less expensive homes
- Guilford, KS: less expensive homes
- Gross, NE: less expensive homes
- Grist, NC: less expensive homes
- Greenbrier, MD: higher priced homes
- Green, KY: less expensive homes
- Great Pond, ME: higher priced homes
- Gray, MS: less expensive homes
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