Home prices
Newark's median home cost is $62,800. In comparison to other places in this area it is roughly $11,680 (15%) lower.Compared to the nation as a whole it is approximately $154,700 (71%) lower, and it is about $72,400 (53%) lower in comparison to the city of North Little Rock.
Rents
In Newark the median monthly rent is $577. Compared to other places in this area this is about $132 (18%) lower.Compared to the entire nation it is roughly $485 (45%) lower, and in comparison to the city of North Little Rock it is about $277 (32%) lower.
Nearby places
Sulphur Rock
Sulphur Rock is about 4 miles northwest from Newark. Its housing prices are a little more expensive. The median home value in Sulphur Rock is $66,700, which is $3,900 (5%) higher than Newark. Rents there are somewhat more expensive. The median monthly rent in Sulphur Rock is $716, which comes out to $139 (19%) higher than Newark.
Oil Trough
Oil Trough is about 5 miles south of Newark. Housing prices there are a little more expensive. The value of the median home in Oil Trough is $69,400, which works out to $6,600 (9%) higher than Newark. Its rents are fairly similar. The median rent in Oil Trough is $600 per month, which is $23 (3%) higher than Newark.
Moorefield
Moorefield is approximately 7 miles northwest from Newark. The real estate prices there are a lot more expensive. The median home cost in Moorefield is $108,300, which is $45,500 (42%) higher than Newark. Rents there are somewhat more expensive. Moorefield's median rent is $810 a month, which is $233 (28%) higher than Newark.
Jacksonport
Jacksonport is roughly 8 miles southeast of Newark. Its real estate prices are a lot less expensive. The price of the median home in Jacksonport is $36,000, which works out to $26,800 (74%) lower than Newark. Rents there are somewhat more expensive. Jacksonport's median rent is $644 per month, which works out to $67 (10%) higher than Newark.
Southside
Southside is approximately 9 miles west from Newark. Its housing prices are a little more expensive. The median home in Southside is valued at $92,000, which comes out to $29,200 (31%) higher than Newark. Its rents are somewhat more expensive. Southside's median rent is $774 a month, which comes out to $197 (25%) higher than Newark.