Housing & Real Estate — Newark, Illinois

Overview

Total Housing Units442
Occupied419
Vacant23
Owner-Occupied363
Renter-Occupied56
Median Home Value (Census)$241,100
Estimated 2026~$257,000
Median Rent$1,018/mo
Median Property Tax$5,545/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income12.3%
Severely Rent-Burdened34.9%

Housing Age

Built 2010 or later1
Built 2000-200956
Built 1990-199933
Built before 1960210
Median Year Built1967
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.