Newark, Wise County, TX Housing Trends, Rent, Price-to-Rent

Market Summary

Newark, Wise County, TX

Median Home Price Price

$300,713 $300.7K

Median Monthly Rent Rent

$1,604 $1.6K

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Newark, TX is $1,604, with MoM change +$5 and YoY change +$3 pointing to positive momentum while volatility is low (std $13).

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Metric

Base market Newark, TX

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Delta vs base

Median rent

$1,604

N/A

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Median price

$300,713

N/A

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YoY change

+$3

N/A

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Price-to-rent

15.6x

Data unavailable

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