Is Newark, NY 14513 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Newark is a seller’s market. With about 2.3 months of supply and 87% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score94/ 100

More competitive than 98% of U.S. ZIP codes, and #116 of 649 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.3Under 4 months = seller’s market
Sold above original list86.6%Share of sales, last 3 months
Median sale-to-list114%Sold price ÷ list price
Median days on market9Listing to accepted offer
Median price per sq ft$121▼ −9.3% vs. last year

The Newark housing market right now

In the three months ending August 31, 2026, 87% of homes in Newark, NY 14513 sold above their list price, the typical home went under contract in 9 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 31 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 70%, homes sold faster (11 days then) and the median sale price rose 10% to $227,402. Overall, Newark is more competitive than a year ago, so tougher for buyers.

Within Wayne County, homes here sell faster than in 79% of the county’s ZIP codes, and sell more often over asking than in 71%. On our competition score, Newark ranks #116 of 649 NY ZIP codes with enough sales (score 94 out of 100).

Nearby, buyers who want less competition could look at North Rose 14516 (43% sold over asking) or Savannah 13146 (50% sold over asking), while Red Creek 13143 (100% sold over asking) and Marion 14505 (100% sold over asking) are even more competitive.

Nearby markets

Clyde 14433Buyer’s market $145 /sq ftLyons 14489Seller’s market $131 /sq ftMacedon 14502Seller’s market $206 /sq ftMarion 14505Seller’s market $201 /sq ft Browse all markets →

Where Newark is

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Questions about Newark real estate

Is Newark a buyer’s or seller’s market?

A seller’s market: there were 2.3 months of supply in Newark, NY 14513 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Newark?

The typical home went under contract in 9 days in the latest three months.

Do homes in Newark sell over asking?

87% of homes sold above their original list price, and the typical sale closed at 114.0% of the list price.

What are property taxes in Newark?

About 2.50% of a home’s value a year in Wayne County, or roughly $10,000 on a $400,000 home.

What is the median home price in Newark?

The median sale price was $227,402 in the three months ending August 31, 2026, about $121 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology