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Sunday, November 24, 2024

Newark home prices rise in December 2017

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The median sale price of a home sold in December 2017 in Newark rose by $47,500 while total sales increased by 12.5%, according to BlockShopper.com.

In December 2017, there were nine homes sold, with a median sale price of $83,000 - a 133.8% increase over the $35,500 median sale price for the same period of the previous year. There were eight homes sold in Newark in December 2016.

The following table compares Newark to other Wayne County cities with similar median sales prices in December 2017:

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Walworth89-11.1%$118,500$172,500-31.3%
Marion24-50%$111,000$90,00023.3%
Williamson9580%$110,000$85,90028.1%
Savannah10-$95,000$0-
Sodus513-61.5%$95,000$90,0005.6%
Palmyra770%$89,600$87,5002.4%
Newark9812.5%$83,000$35,500133.8%
Huron13-66.7%$72,000$177,000-59.3%
Clyde31200%$67,000$109,556.71-38.8%
Lyons6520%$59,750$82,900-27.9%
Wolcott8560%$41,500$30,00038.3%

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