Market Summary

Newark, Worcester County, MD

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Median Home Price Price

$348,497 $348.5K

Median Monthly Rent Rent

$2,092 $2.1K

GRM

14.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Worcester County

Region Price Rent GRM Display
$293,847 $1,264 19.0x
$221,372 $1,093 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MD outside of Worcester County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets outside of MD

Region Price Rent GRM Display
$454,247 $2,251 17.0x
$177,522 $1,158 13.0x
$443,215 $2,406 15.0x
$244,812 $1,577 13.0x
$747,307 $2,313 27.0x
$325,012 $1,778 15.0x
$637,173 $2,292 23.0x
$188,048 $1,122 14.0x
$459,968 $1,597 24.0x
$392,785 $2,165 15.0x
$334,365 $1,600 17.0x
$796,234 $2,293 29.0x
$378,136 $2,117 15.0x
$433,227 $2,499 14.0x
$356,244 $2,096 14.0x
$163,542 $1,116 12.0x
$467,961 $2,171 18.0x
$679,566 $2,222 25.0x
$393,123 $2,219 15.0x
$305,563 $1,432 18.0x
$138,988 $719 16.0x
$507,388 $2,052 21.0x
$596,510 $2,273 22.0x
$428,729 $2,440 15.0x
$292,187 $899 27.0x
$523,129 $2,064 21.0x
$222,693 $1,158 16.0x
$243,468 $1,051 19.0x
$143,880 $1,061 11.0x
$319,056 $1,522 17.0x
$415,332 $2,398 14.0x
$468,169 $2,080 19.0x

Home prices

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Monthly rent

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GRM

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Newark

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Trend Insights

Median Rent in Newark, MD is $2,092, with MoM change +$7 and YoY change +$35 pointing to positive momentum while volatility is low (std $8).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Newark, MD.

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Metric
Base market Newark, MD
Compare market Select a market
Delta vs base
Median rent
$2,092
N/A
Median price
$348,497
N/A
YoY change
+$35
N/A
Price-to-rent
13.9x
Data unavailable
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