Housing market · ZIP 07108

Newark, NJ Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value

$495,469

3-month-2.4%

6-month-2.4%

12-month-1.8%

Touse 12-month forecast

-2.5%

Projected median near $483,266 over the next 12 months

As of April 2026, the median home value in Newark, NJ (ZIP 07108) is $495,469. Prices are stable, down 1.8% over the past year. Touse's model projects a -2.5% change over the next 12 months, putting the median near $483,266.

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Nearby areas in Essex

Bloomfield 07003 Fairfield 07004 Caldwell 07006 Caldwell 07007 Cedar Grove 07009 East Orange 07017 East Orange 07018 East Orange 07019

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.