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Newark, TX Housing

 
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As of 2010-2014, median price of a house in Newark is $120,500, which is lower than the state average of $131,400 and is lower than the national average of $175,700. The Newark median house value has grown by 92.80% since 2000. The growth rate for the price of a house in Newark is higher than the state average rate of 59.27% and is much higher than the national average rate of 46.91%. The median year that a house in Newark was built is 1989, which is newer than the median year for a house built in the state which is 1984 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 313 Owner Occupied Houses in Newark, TX, #411
Newark, TX
120,500 USD
Texas
131,400 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #208
Newark, TX
92.80%
Texas
59.27%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Newark, TXTexasU.S.
Total Housing Units480, see rank, 100%10,187,189132,741,033
Occupied Housing Units398, 82.92%, see rank88.48%87.55%
Owner Occupied313, 65.21%, see rank55.49%56.34%
Renter Occupied85, 17.71%, see rank32.99%31.21%
Vacant Housing Units82, 17.08%, see rank11.52%12.45%
For Rent27, 5.63%, see rank3.13%2.34%
For Sale Only9, 1.88%, see rank1.05%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank0.97%0.92%
For Seasonal, Recreational, or Occasional Use0, 0.00%, see rank2.37%3.97%
For Migrant Workers0, 0.00%, see rank0.02%0.03%
Other Vacant46, 9.58%, see rank3.97%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #363
Newark, TXTexasU.S.
198919841976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Newark, TX%TexasU.S.
Owner-Occupied Units313100%5,652,54274,787,460
With a Mortgage20264.54%, see rank60.56%65.58%
Without a Mortgage11135.46%, see rank39.44%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Newark, TX
1,594 USD
Texas
1,443 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsNewark, TX%TexasU.S.
$299 or Less00.00%, see rank0.15%0.20%
$300 to $49910.50%, see rank1.18%1.59%
$500 to $69941.98%, see rank4.49%5.01%
$700 to $9993919.31%, see rank14.70%14.32%
$1,000 to $1,4994220.79%, see rank33.20%27.90%
$1,500 to $1,9995728.22%, see rank22.54%20.35%
$2,000 to $2,9995527.23%, see rank16.45%19.52%
$3,000 or More41.98%, see rank7.30%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Newark, TX
24.00% of the Total Income
Texas
22.20% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Newark, TX%TexasU.S.
10% or Less188.91%, see rank6.26%5.86%
10% to 20%5527.23%, see rank36.09%31.95%
20% to 30%8642.57%, see rank27.65%27.64%
30% to 40%2210.89%, see rank12.28%13.74%
40% or More2110.40%, see rank17.16%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Newark, TX
395 USD
Texas
459 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsNewark, TX%TexasU.S.
$199 or Less21.80%, see rank7.97%7.76%
$200 to $2992825.23%, see rank14.81%14.70%
$300 to $4994540.54%, see rank33.97%34.63%
$500 to $6992522.52%, see rank22.08%21.16%
$700 or More119.91%, see rank21.17%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Newark, TX
13.10% of the Total Income
Texas
11.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Newark, TX%TexasU.S.
10% or Less4641.44%, see rank41.43%40.19%
10% to 20%3228.83%, see rank32.37%31.47%
20% to 30%119.91%, see rank11.78%12.24%
30% to 40%21.80%, see rank5.09%5.64%
40% or More1715.32%, see rank8.03%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Newark, TXTexasU.S.
Total Housing Units480, 100%10,187,189132,741,033
1-unit, Detached316, 65.83%, see rank65.34%61.65%
1-unit, Attached1, 0.21%, see rank2.68%5.82%
2 Units0, 0.00%, see rank1.94%3.75%
3 or 4 Units10, 2.08%, see rank3.20%4.43%
5 to 9 Units0, 0.00%, see rank4.85%4.78%
10 or More Units4, 0.83%, see rank14.35%13.08%
Mobile Home, Boat, RV, Van, etc.149, 31.04%, see rank7.63%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Newark, TXTexasU.S.
Total Housing Units480, 100%10,187,189132,741,033
1 Room0, 0.00%, see rank1.69%1.95%
2 Rooms0, 0.00%, see rank2.86%2.48%
3 Rooms13, 2.71%, see rank10.61%9.13%
4 Rooms59, 12.29%, see rank16.68%16.60%
5 Rooms137, 28.54%, see rank21.74%20.41%
6 Rooms108, 22.50%, see rank18.39%18.06%
7 Rooms44, 9.17%, see rank11.53%12.27%
8 Rooms83, 17.29%, see rank7.50%8.48%
9 Rooms or More36, 7.50%, see rank8.98%10.60%
Median Rooms5.80, see rank5.305.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Newark, TXTexasU.S.
Total Housing Units480, 100%10,187,189132,741,033
No Bedroom0, 0.00%, see rank1.85%2.17%
1 Bedroom22, 4.58%, see rank12.69%11.16%
2 Bedrooms132, 27.50%, see rank23.33%26.69%
3 Bedrooms202, 42.08%, see rank41.71%39.70%
4 Bedrooms109, 22.71%, see rank17.12%16.05%
5 or More Bedrooms15, 3.13%, see rank3.30%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Newark, TXTexasU.S.
Total Housing Units398, 100%9,013,582116,211,092
Utility Gas101, 25.38%, see rank37.22%48.85%
Bottled, Tank, or LP Gas16, 4.02%, see rank3.42%4.86%
Electricity278, 69.85%, see rank58.19%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.12%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood0, 0.00%, see rank0.43%2.12%
Solar Energy0, 0.00%, see rank0.01%0.05%
Other Fuel0, 0.00%, see rank0.16%0.47%
No Fuel Used3, 0.75%, see rank0.44%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalNewark, TXTexasU.S.
Occupied Units Paying Rent85, 100%3,174,41239,201,928
$199 or Less0, 0.00%, see rank1.28%1.50%
$200 to $2990, 0.00%, see rank2.20%3.18%
$300 to $4990, 0.00%, see rank6.35%7.37%
$500 to $69910, 11.76%, see rank19.10%16.01%
$700 to $99947, 55.29%, see rank35.25%29.17%
$1,000 to $1,49926, 30.59%, see rank26.13%26.88%
$1,500 to $1,9990, 0.00%, see rank6.97%9.79%
$2,000 or More2, 2.35%, see rank2.73%6.10%
Median$915, see rank$870$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Newark, TXTexasU.S.
Occupied Housing Units398, 100%9,013,582116,211,092
No Vehicles Available12, 3.02%, see rank5.88%9.12%
1 Vehicles Available119, 29.90%, see rank34.31%33.80%
2 Vehicles Available130, 32.66%, see rank40.44%37.48%
3 or More Vehicles Available137, 34.42%, see rank19.37%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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