Newark, IL, Real Estate
Newark, Illinois, is a charming small village in Kendall County, located about 60 miles southwest of Chicago. With a population of around 1,000, it offers a peaceful, rural atmosphere characterized by historic buildings, tree-lined streets, and a tight-knit community. Founded in 1833, Newark retains its historical roots with landmarks like the Kendall County Courthouse and local churches, while its proximity to the Fox River provides opportunities for outdoor activities such as fishing and kayaking. The village hosts community events like the Newark Fireman’s Festival, fostering a strong sense of togetherness. Its quiet, slower-paced lifestyle, combined with easy access to nearby urban amenities, makes Newark an appealing spot for those seeking a balance between small-town charm and modern convenience.
Newark currently has 8 single family homes for sale with an average list price of $514,200 and 29 lots for sale with an average list price of $218,453.90. The average annual property tax for Newark is $5,904.82.
Browse Newark
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Newark, i.e. what's hot and what's not.
See What's Hot & What's Not in Newark
Market Trends
Newark home sales for the month of August stayed the same in volume when compared to last year, while the median sale price decreased by 34.8% from $582,450 to $380,000. House sales stayed the same, while the median sale price decreased by 34.8% from $582,450 to $380,000.
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30
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34
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34
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23
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
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$369,950
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$284,000
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$342,700
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$365,000
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
Median Sale Price for Newark
Number of Sales for Newark
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