Why Live in Newark
Newark, a small industrial village in Wayne County, is strategically located between Rochester and Syracuse. This village, with a population of around 9,000, features a vibrant local economy supported by a mix of larger corporations and small- to medium-sized machine shops. The Port of Newark along the Erie Canal offers access to larger bodies of water like Lake Ontario and Cayuga Lake, and the canal district is developing into a hub for bars and eateries. Newark's downtown area, centered around the intersection of Route 88 and Route 31, boasts a variety of boutiques, local restaurants, and breweries. Notable attractions include T. Spencer Knight Park, which provides green space and access to the Empire State Trail, and Colburn Park, home to the Newark Pilots baseball team. The village also features several pocket parks and the Alex Eligh Community Center with its indoor basketball court and skatepark. Residential areas in Newark showcase quaint ranch-style homes and more spacious Colonial-inspired homes, with sidewalks lining most streets. Newark-Wayne Community Hospital serves the northern part of the village, while several Gothic Revival churches are located along Main Street. Despite experiencing all four seasons, Newark's winters are less severe than areas further north due to its position on the edge of the lake effect snow belt. Crime rates in Newark fluctuate, with some types of crime occasionally higher or lower than the national average. Commuting is facilitated by Route 31 and Route 88, with Interstate 90 providing access to Syracuse, 55 miles away, and Rochester, 30 miles away.
Home Trends in Newark, NY
On average, homes in Newark, NY sell after 21 days on the market compared to the national average of 50 days. The median sale price for homes in Newark, NY over the last 12 months is $190,000, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$190,000
Median Single Family Sale Price
$190,000
Median Townhouse Sale Price
$83,000
Average Price Per Sq Ft
$126
Number of Homes for Sale
17
Last 12 months Home Sales
199
Median List Price
$169,900
Median Change From 1st List Price
-11%
Median Home Sale Price YoY Change
8%
