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Sunday, November 24, 2024

Newark home prices rise in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Newark rose by $4,364 while total sales decreased by 9.9%, according to BlockShopper.com.

From July through December of 2017, there were 73 homes sold, with a median sale price of $83,900 - a 5.5% increase over the $79,536 median sale price for the same period of the previous year. There were 81 homes sold in Newark in the second half of 2016.

The following table compares Newark to other Wayne County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Williamson5357-7%$121,000$130,000-6.9%
Marion38380%$116,000$114,5001.3%
Rose11683.3%$106,500$82,70028.8%
Palmyra5663-11.1%$96,000$92,0004.3%
Sodus595213.5%$84,900$89,700-5.4%
Newark7381-9.9%$83,900$79,5365.5%
Wolcott392277.3%$70,000$43,00062.8%
Lyons39382.6%$68,000$55,00023.6%
Clyde1923-17.4%$61,500$39,042.8457.5%
Savannah126100%$53,250$97,000-45.1%
North Rose911-18.2%$38,000$59,900-36.6%

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