Why Live in Newark
Newark, an East Bay neighborhood, is experiencing residential growth due to its proximity to Silicon Valley. Interstate 880 and California State Road 84 provide convenient access to San Jose, Oakland, and tech hubs like Apple, Google, and Tesla, with SR 84 offering a popular commute route across San Francisco Bay. Housing in Newark includes traditional ranch-style homes with private driveways and ample yard space, as well as newer developments like the Bridgewater community, which features single-family homes and condominiums with amenities such as a pool, green space, and play areas. Newark Community Park offers lighted tennis courts, children’s play areas, and a multi-purpose field, while Lakeshore Park provides a scenic waterfront setting. The city also features numerous pocket parks and the Don Edwards National Wildlife Refuge for nature-watching. Dining options are diverse, with popular spots like Tasty Pot and Bear Bitez, and retail centers including Rosemont Square and the soon-to-be-renovated New Park Mall, which will feature a new Costco with extensive gas pumps. Newark is safer than the national average, making it an appealing choice for families and professionals alike. The neighborhood's blend of traditional and contemporary homes, combined with its convenient location and community features, offers a balanced lifestyle for residents.
Home Trends in Newark, CA
On average, homes in Newark, CA sell after 28 days on the market compared to the national average of 52 days. The median sale price for homes in Newark, CA over the last 12 months is $1,280,000, down 5% from the median home sale price over the previous 12 months.
Median Sale Price
$1,280,000
Median Single Family Sale Price
$1,325,000
Median Townhouse Sale Price
$1,090,000
Median 2 Bedroom Sale Price
$761,944
Median 1 Bedroom Sale Price
$440,000
Average Price Per Sq Ft
$842
Number of Homes for Sale
45
Last 12 months Home Sales
246
Median List Price
$1,250,000
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
-5%