In December 2021, there were five homes sold, with a median sale price of $463,000 - a 89.8% increase over the $244,000 median sale price for the same period of the previous year. There were six homes sold in Newark in December 2020.
The median sales tax in Newark for the most recent year with available data, 2019, was $5,526, approximately 1.2% of the median home sale price for December 2021.
The following table compares Newark to other Kendall County cities with similar median sale prices in December 2021:
| City | Dec. 2021 Home Sales | Dec. 2020 Home Sales | % change (Total Home Sales) | Dec. 2021 Median Sales Price | Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Minooka | 1 | 4 | -75% | $777,390 | $295,000 | 163.5% |
| Plainfield | 7 | 2 | 250% | $475,000 | $411,250 | 15.5% |
| Newark | 5 | 6 | -16.7% | $463,000 | $244,000 | 89.8% |
| Bristol | 2 | 0 | - | $354,750 | $0 | - |
| Joliet | 16 | 21 | -23.8% | $311,000 | $250,000 | 24.4% |
| Oswego | 61 | 68 | -10.3% | $300,000 | $275,250 | 9% |
| Yorkville | 43 | 62 | -30.6% | $295,000 | $241,500 | 22.2% |
| Montgomery | 16 | 14 | 14.3% | $287,500 | $254,500 | 13% |
| Boulder Hill | 17 | 15 | 13.3% | $225,000 | $183,000 | 23% |
| Aurora | 14 | 10 | 40% | $222,500 | $242,500 | -8.2% |
| Millbrook | 3 | 0 | - | $222,000 | $0 | - |
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