In July 2017, there were 14 homes sold, with a median sale price of $160,000 - a 32.8% decrease over the $237,950 median sale price for the same period of the previous year. There were 18 homes sold in Newark in July 2016.
The median sales tax in Newark for the most recent year with available data, 2015, was $1,582, approximately 1% of the median home sale price for July 2017.
The following table compares Newark to other New Castle County cities with similar median sales prices in July 2017:
| City | July 2017 Home Sales | July 2016 Home Sales | % change (Total Home Sales) | July 2017 Median Sales Price | July 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Pennyhill | 1 | 0 | - | $168,000 | $0 | - |
| Carpenter | 1 | 0 | - | $165,213 | $0 | - |
| Willow Run | 1 | 0 | - | $165,000 | $0 | - |
| Gwinhurst | 2 | 0 | - | $165,000 | $0 | - |
| Harmony Hills | 1 | 3 | -66.7% | $164,500 | $190,000 | -13.4% |
| Newark | 14 | 18 | -22.2% | $160,000 | $237,950 | -32.8% |
| Rambleton Acres | 1 | 0 | - | $160,000 | $0 | - |
| Overview Gardens | 3 | 2 | 50% | $159,900 | $101,000.50 | 58.3% |
| Clearfield | 3 | 1 | 200% | $156,000 | $80,000 | 95% |
| Pleasantville | 1 | 2 | -50% | $154,900 | $149,250 | 3.8% |
| Boxwood | 2 | 0 | - | $150,500 | $0 | - |
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