
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 $86,636, lower than the West Virginia average of $138,399.
The average cost of rent is $463/mo in Newark, primarily driven by the current value of real estate in the Newark area. While nearly 56.78% of residents own their homes outright in Newark, 19.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newark is $4,462 per month. Households that rent pay about 10.37% of their income on rent here. Newark's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Elizabeth, WV: higher priced homes
- Slate, WV: higher priced homes
- Leachtown, WV: higher priced homes
- Freeport, WV: less expensive homes
- Hanna, WV: higher priced homes
- Morristown, WV: higher priced homes
- Kanawha, WV: higher priced homes
- Deerwalk, WV: higher priced homes
- Walker, WV: higher priced homes
- Palestine, WV: higher priced homes
Cities with Similar Populations
- Brainard, NE: higher priced homes
- Brownton, WV: higher priced homes
- Brooks, ME: higher priced homes
- Brookfield, NY: higher priced homes
- Broadlands, IL: higher priced homes
- Brick Church, TN: higher priced homes
- Briaroaks, TX: higher priced homes
- Briarcliffe Acres, SC: higher priced homes
- Brandywine, WV: higher priced homes
- Willow Hill, PA: higher priced homes
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