Altos Market Data for Realtors
Newark, IL
Single-Family Homes
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Newark, IL
Tue Jul 01 2025
This week the median list price for Newark, IL is $614,900 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has held steady at or around 6.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Real-Time Market Profile
| Median List Price | $614,900 | |
| Median Price of New Listings | $599,900 | |
| Per Square Foot | $209 | |
| Average Days on Market | 39 | |
| Median Days on Market | 53 | |
| Price Decreased | 50% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 6 | |
| Median Rent | ||
| Market Action | 41 | |
| Slight Seller's Advantage | ||
Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $639,950 | 3,100 | 1 - 2.5 acres | 5 | 3.5 | 21 | 0 | 1 | 56 |
| $629,900 | 2,100 | - | 3 | 2.5 | 0 | 0 | 0 | 49 |
| $574,950 | 2,940 | 0.25 - 0.5 acre | 4 | 2.8 | 23 | 1 | 1 | 28 |
| $489,000 | 2,408 | 1 - 2.5 acres | 3 | 2 | 38 | 0 | 0 | 14 |