Zip 43055 (Newark, OH) Housing

Housing in Newark, Ohio (43055) is a great value. The median value of homes in this area is $202,900, which is less than the US median value of $338,100. Furthermore, the appreciation rate for homes in Newark over the past year has been a strong 14.03%, much higher than the US average of 8.27%. This makes Newark a great place to invest in real estate and take advantage of potentially high returns over time.

The median home cost in Newark (zip 43055) is $202,900. Home appreciation the last 10 years has been 102.9%. Home Appreciation in Newark (zip 43055) is up 19.8%.

Average Age of Homes

- The median age of Newark (zip 43055) real estate is 50 years old

The Rental Market in Newark (zip 43055)

- Renters make up 36.1% of the Newark (zip 43055) population
- 2.7% of houses and apartments in Newark (zip 43055), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Newark, Ohio	United States
	27,201.0	139,647,020.0
	56	42
	$202,900	$338,100
	19.8%	16.6%
	62.4%	57.0%
	102.9%	101.1%
	$12.05	$10.98
	$1,810	$2,690
	54.6%	57.4%
	10.3%	11.2%
	35.1%	31.4%
Vacant Housing
	2.7%	1.9%
	1.6%	0.4%
	1.1%	0.7%
	0.3%	0.4%
	0.7%	3.6%
	3.9%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	1.7%	2.4%
	3.6%	2.8%
	7.4%	3.9%
	10.2%	4.5%
	25.5%	11.3%
	25.3%	13.0%
	15.6%	20.1%
	6.0%	13.6%
	1.9%	8.3%
	0.8%	9.7%
	0.2%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.3%	13.6%
	7.3%	13.6%
	10.7%	13.6%
	8.6%	13.2%
	15.0%	14.8%
	10.7%	13.6%
	11.7%	10.0%
	6.6%	4.7%
	26.0%	12.2%

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