Why Live in Newark
Newark, nestled in the lush greenery of northeast Vermont, offers a tranquil setting with abundant recreational opportunities. The small community is surrounded by the Green Mountains, providing a scenic backdrop for outdoor activities such as mountain biking and hiking. The Kingdom Trails system, with over 100 miles of trails, is a major draw for mountain bikers, while the Bald Hill Wildlife Management Area offers extensive hiking options. Newark Pond Natural Area is ideal for fishing and canoeing, and the nearby Grandad’s Invitational Golf Course provides a nine-hole golfing experience. Homes in Newark vary from old farmhouses to newer ranch-style and colonial homes, typically situated on multiple acres of land, offering seclusion among trees and gravel roads. The local real estate market sees properties ranging from $250,000 to $550,000, with listings averaging 166 days on the market. Newark Street and Vermont Route 114 connect residents to nearby towns like Burke and Lyndon, which are under 15 miles away and offer commercial conveniences such as grocery stores, bookstores, and dining options. For education, families have access to the highly rated St. Johnsbury Academy, a private high school known for its extensive course offerings and low student-teacher ratio. The area also hosts notable events like the Burke Fall Festival, featuring craft vendors, live music, and a parade. Newark's crime rate is lower than the national average, contributing to its appeal as a peaceful residential area.
Frequently Asked Questions
What is the average home price in Newark, VT?
Homes for sale in Newark, VT have an average home price of $370,127.
Are home prices dropping in Newark?
Yes, home prices in Newark are down 15% in the last 12 months.
How many homes have sold over the last 12 months in Newark, VT?
1 home has sold in Newark, VT over the last 12 months.
What are the most popular zip codes in Newark, VT?
How much do you need to make to afford a house in Newark?
The median home price in Newark is $329,500. If you put a 20% down payment of $65,900 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $1,710 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $73K a year to afford the median home price in Newark.
How are the schools in Newark, VT?
Home Trends in Newark, VT
On average, homes in Newark, VT sell after 118 days on the market compared to the national average of 50 days. The median sale price for homes in Newark, VT over the last 12 months is $200,000, down 13% from the median home sale price over the previous 12 months.
Median Sale Price
$200,000
Median Single Family Sale Price
$310,000
Average Price Per Sq Ft
$300
Number of Homes for Sale
9
Last 12 months Home Sales
1
Median List Price
$329,500
Median Change From 1st List Price
56%
Median Home Sale Price YoY Change
-13%