Home prices
The median home cost in Newark is $123,100. This is roughly $60,820 (33%) lower compared to its nearby areas.It is about $94,400 (43%) lower compared to the entire nation, and is roughly $28,500 (18%) lower in comparison to the city of Columbus.
Rents
The median monthly rent in Newark is $776. Compared to its nearby areas this is roughly $68 (8%) lower.It is about $286 (26%) lower compared to the rest of the country, and it is about $185 (19%) lower in comparison to the city of Columbus.
Nearby places
Heath
Heath is Newark's neighbor to the south. Its real estate prices are a little more expensive. The median home in Heath is valued at $150,700, which works out to $27,600 (18%) higher than Newark. Rents there are a little more expensive. The median rent in Heath is $871 a month, which works out to $95 (10%) higher than Newark.
Granville
Granville is Newark's neighbor to the west. The real estate prices there are significantly more expensive. The cost of the median home in Granville is $383,200, which comes out to $260,100 (67%) higher than Newark. Its rents are a little more expensive. The median rent in Granville is $983 per month, which is $207 (21%) higher than Newark.
Hanover
Hanover is about 6 miles east of Newark. The real estate prices there are a little more expensive. Hanover's median home value is $162,000, which works out to $38,900 (24%) higher than Newark. Rents there are somewhat less expensive. Hanover's median rent is $694 per month, which is $82 (11%) lower than Newark.
St. Louisville
St. Louisville is roughly 6 miles north of Newark. Real estate prices there are a little less expensive. The median home in St. Louisville costs $111,700, which is $11,400 (10%) lower than Newark. Rent there is somewhat more expensive. The median rent in St. Louisville is $1,000 per month, which works out to $224 (22%) higher than Newark.
Hebron
Hebron is about 7 miles south of Newark. Real estate prices there are a bit less expensive. The median home in Hebron costs $112,000, which works out to $11,100 (9%) lower than Newark. Rent there is somewhat less expensive. Hebron's median monthly rent is $673, which is $103 (15%) lower than Newark.
