Newark, Ohio Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demographics
Economy
Newark, Ohio
2 ZIPs in this city:
43055
43058
Market Hotness
86
Hotness Rank
--
Hotness Score
86
Supply Score
79
Demand Score
92
DOM vs US
-16.8%
Faster
Price vs US
68%
Below avg
Median Listing Price
$291K
Population
63,281
Households
73,273
Median Days on Market
36
Active Listings
103
New Listings
78
Housing Market
Pricing
Median Listing Price
$291K
+7.0% YoY
Average Listing Price
$397K
+38.0% YoY
Price per Sq Ft
$182
+7.7% YoY
Median Sq Ft
1,573
+3.8% YoY
Inventory
Active Listings
103
+5.1% YoY
New Listings
78
-4.9% YoY
Total Listings
187
+3.9% YoY
Buyer Competition
Pending Listings
86
+3.6% YoY
Pending Ratio
0.84
-0.9% YoY
Median Days on Market
36
-23.4% YoY
Price Reduced
19.0%
-10.5% YoY
Units & Occupancy
2024 Occupancy
73K
units
Occupied
68,620
93.6%
Vacant
4,653
6.4%
2024 Tenure
69K
occupied
Owner
50,603
73.7%
Renter
18,017
26.3%
Renter Share
26.3%
-0.1% YoY
Total Housing Units
73,273
+0.3% YoY
FY2026 Fair Market Rent — Licking County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,111
/month
1 BR
$1,194
/month
2 BR
$1,430
/month
3 BR
$1,715
/month
4 BR
$1,927
/month
FMR Trends — Licking County
Source: HUD Fair Market Rents
Demographics
Median Age
40.3
2024
Population
Total Population
63,281
+0.9% YoY
Licking County Population
184,898
+0.7% YoY
Households
Total Households
68,620
+0.5% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.60
+0.4% YoY
Age
2024 Age Mix
182K
residents
Under 18
41,505
22.8%
Adults 18–64
108,554
59.7%
65 & Over
31,778
17.5%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
41,505
+0.1% YoY
Population 65 & Over
31,778
+3.0% YoY
Median Age
40.30
+0.2% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
90.7%
Moved (within US)
8.9%
Other
0.4%
Veterans
8.1%
-3.6% YoY
Economy
Income
Median Household Income
$84K
+4.2% YoY
Per-Capita Income
$43K
+2.6% YoY
Mean Household Income
$110K
+2.7% YoY
Poverty
Below Poverty Level
10.2%
+1.0% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
72.5%
Public transit
0.2%
Worked from home
15.8%
Other
11.5%
Worked From Home
15.8%
+12.9% YoY
Mean Commute
26.60
-0.7% YoY
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