Why Live in Newark
Newark, Illinois, is a small village of 1,000 residents located 60 miles southwest of Chicago. Established in the 1830s, it offers a quaint, country lifestyle where neighbors know each other and farmland views are a common sight. While amenities within the village are limited, a 10-minute drive provides access to grocery stores, chain restaurants, and hardware stores. The village features charming century-old bungalows, Colonial Revivals, and bi-level homes, with properties near the center typically sitting on half-acre lots. Newark Elementary School, which serves prekindergarten through fourth-grade students, is highly rated with small class sizes and a low student-to-teacher ratio. For middle and high school students, Millbrook Junior High School and Newark Community High School are nearby, offering quality education and vocational courses at the Indian Valley Vocational Center. The Charles B. Phillips Public Library hosts various community programs, including book clubs, story times, yoga classes, and craft workshops. Newark Community Park provides outdoor recreation with a playground, baseball diamonds, a basketball court, and a covered picnic area. Dining options include Newark’s Country Kitchen, known for its hearty breakfast and pub-style lunch and dinner, and Geo’s Pizzeria for quick slices and full pies. Residents can easily commute to nearby areas like Yorkville and Plano for work, and Route 71 offers a 15-minute drive to Yorkville, while Interstate 55 provides an hour-long drive to Chicago.
Home Trends in Newark, IL
On average, homes in Newark, IL sell after 41 days on the market compared to the national average of 51 days. The median sale price for homes in Newark, IL over the last 12 months is $387,500, up 21% from the median home sale price over the previous 12 months.
Median Sale Price
$387,500
Median Single Family Sale Price
$387,000
Average Price Per Sq Ft
$210
Number of Homes for Sale
9
Last 12 months Home Sales
30
Median List Price
$399,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
21%