Home prices
Newark's median home cost is $86,400. It is about $107,440 (55%) lower in comparison to other places in this area.It is approximately $131,100 (60%) lower in comparison to the entire country, and is roughly $101,700 (54%) lower in comparison to the city of Dallas.
Rents
The median monthly rent in Newark is $868. Compared to other places in this area it is about $58 (6%) lower.It is approximately $194 (18%) lower in comparison to the entire nation, and is about $184 (17%) lower compared to the city of Dallas.
Nearby places
Pecan Acres
Pecan Acres is Newark's neighbor to the south. Housing prices there are substantially more expensive. The median home in Pecan Acres costs $357,300, which works out to $270,900 (75%) higher than Newark. Its rents are pretty similar. Pecan Acres's median monthly rent is $850, which is $18 (2%) lower than Newark.
Rhome
Rhome is Newark's neighbor to the north. Real estate prices there are significantly more expensive. The median home in Rhome costs $136,500, which comes out to $50,100 (36%) higher than Newark. The rent there is fairly similar. Rhome's median rent is $908 a month, which comes out to $40 (4%) higher than Newark.
Briar
Briar is roughly 3 miles west of Newark. Housing prices there are significantly more expensive. The median home in Briar costs $162,300, which comes out to $75,900 (46%) higher than Newark. Rent there is fairly similar. In Briar the median rent is $867 a month, which is very similar to Newark.
Aurora
Aurora is roughly 3 miles north from Newark. Housing prices there are substantially more expensive. The median home in Aurora is valued at $262,000, which works out to $175,600 (67%) higher than Newark. Rent there is a bit more expensive. Aurora's median monthly rent is $1,145, which is $277 (24%) higher than Newark.
Pelican Bay
Pelican Bay is about 6 miles south from Newark. Real estate prices there are significantly less expensive. The value of the median home in Pelican Bay is $51,100, which comes out to $35,300 (69%) lower than Newark. Its rents are pretty similar. In Pelican Bay the median monthly rent is $861, which is very similar to Newark.
