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Newark city: Median Home Value Trend

How Newark city's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.

2017
$607,200
2023
$1,094,200
Total change
+$487,000
% change
+80.2%
Year Median Home Value Change
2017 $607,200
2019 $742,100 +$134,900 (22.2%)
2020 $816,100 +$74,000 (10%)
2021 $870,200 +$54,100 (6.6%)
2022 $1,034,900 +$164,700 (18.9%)
2023 $1,094,200 +$59,300 (5.7%)

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