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Updated May 2026 · Redfin · 3-month window

07112 Real Estate Market Update: Newark, NJ, May 2026

The latest housing-market numbers for ZIP code 07112 in Newark, New Jersey, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

ZIP 07112 · Newark, NJ · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$585K• 0.0%▲ +6.4%
Days on market77▲ +22.2%▲ +45.3%
Homes for sale80▼ -14.9%▲ +63.3%
Sale-to-list104.1%▼ -0.3%▼ -1.1%
Homes sold37▲ +5.7%▼ -5.1%

Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.

What the 07112 numbers say

Prices in Newark's 07112 ZIP are still climbing. The median sale price reached $585,000, up 6.4% year over year. The market has loosened: a typical listing now takes around 77 days to go under contract, with sellers getting 104.1% of list price.

Based on 37 recent sales, 07112 is currently an active market.

What this means if you sell in 07112

Use these figures to set expectations early. Lead a listing appointment with the median price and the 77-day pace, show the year-over-year direction, and frame 07112 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.

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Frequently asked: the 07112 housing market

What is the median home price in ZIP 07112 (Newark, NJ)?
As of May 2026, the median sale price in ZIP 07112 is $585,000 (+6.4% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 07112 a buyer's or seller's market right now?
ZIP 07112 is currently an active market, based on a 104.1% sale-to-list ratio, about 77 days on market for May 2026.
How long do homes take to sell in ZIP 07112?
A typical listing in 07112 goes under contract in about 77 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 07112 market data come from?
All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.

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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.