Market Summary

Newark, Wayne County, NY

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Median Home Price Price

$186,253 $186.3K

Median Monthly Rent Rent

$1,272 $1.3K

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Wayne County

Region Price Rent GRM Display
$219,977 $1,175 16.0x
$300,559 $1,286 19.0x
$224,605 $792 24.0x
$272,595 $1,327 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NY outside of Wayne County

Region Price Rent GRM Display
$281,157 $1,633 14.0x
$166,545 $1,491 9.0x
$252,326 $1,338 16.0x
$369,671 $1,733 18.0x
$248,404 $1,043 20.0x
$250,260 $1,489 14.0x
$248,673 $1,382 15.0x
$278,423 $1,452 16.0x
$264,079 $1,810 12.0x
$206,172 $1,056 16.0x
$292,582 $1,482 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NY

Region Price Rent GRM Display
$121,541 $1,235 8.0x
$301,469 $1,090 23.0x
$208,890 $1,280 14.0x
$266,459 $1,318 17.0x
$267,342 $997 22.0x
$345,061 $1,121 26.0x
$208,837 $1,301 13.0x
$265,795 $1,502 15.0x
$345,798 $1,403 21.0x
$201,404 $1,168 14.0x
$352,954 $1,940 15.0x
$306,855 $1,126 23.0x
$265,865 $1,234 18.0x
$315,380 $1,727 15.0x
$241,121 $1,014 20.0x
$174,508 $1,482 10.0x
$322,374 $1,672 16.0x
$319,555 $1,520 18.0x
$286,706 $1,357 18.0x
$211,634 $1,299 14.0x
$217,148 $1,091 17.0x
$323,463 $1,411 19.0x
$261,076 $1,431 15.0x
$201,162 $1,016 16.0x
$355,224 $1,486 20.0x
$481,006 $3,142 13.0x
$203,647 $1,278 13.0x

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, NY is $1,272, with MoM change +$17 and YoY change +$141 pointing to positive momentum while volatility is low (std $37).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Newark, NY
Compare market Select a market
Delta vs base
Median rent
$1,272
N/A
Median price
$186,253
N/A
YoY change
+$141
N/A
Price-to-rent
12.2x
Data unavailable
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