Is Newark, OH 43055 a buyer’s or seller’s market?
Newark is a seller’s market. With about 2.7 months of supply and 35% 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.
More competitive than 70% of U.S. ZIP codes, and #172 of 489 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
The Newark housing market right now
In the three months ending August 31, 2026, 35% of homes in Newark, OH 43055 sold above their list price, the typical home went under contract in 41 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 241 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 29%, homes sold about as fast and the median sale price fell 5% to $256,889. Overall, Newark is more competitive than a year ago, so tougher for buyers.
Within Licking County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, Newark ranks #172 of 489 OH ZIP codes with enough sales (score 67 out of 100).
Nearby, buyers who want less competition could look at Kirkersville 43033 (0% sold over asking) or Croton 43013 (0% sold over asking), while Jacksontown 43030 (100% sold over asking) and Alexandria 43001 (43% sold over asking) are even more competitive.
Run the numbers for 43055
Nearby markets
Alexandria 43001Seller’s market $216 /sq ftBrownsville 43721 — /sq ftBuckeye Lake 43008Seller’s market $205 /sq ftCroton 43013Balanced $205 /sq ft Browse all markets →Towns like Newark nearby
Find towns like Newark in other states →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 2.7 months of supply in Newark, OH 43055 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 41 days in the latest three months.
Do homes in Newark sell over asking?
35% of homes sold above their original list price, and the typical sale closed at 100.1% of the list price.
What are property taxes in Newark?
About 1.22% of a home’s value a year in Licking County, or roughly $4,880 on a $400,000 home.
What is the median home price in Newark?
The median sale price was $256,889 in the three months ending August 31, 2026, about $172 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