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Market Snapshot

Median listing price
$1.40M

The median listing price in Newark, CA ZIP 94560 is $1,398,000 as of June 2026.

Median rent
$2,675/mo

The median market rent in Newark, CA ZIP 94560 is $2,675/month as of June 2026.

Days on market
301 days

The median days on market in Newark, CA ZIP 94560 is 301 days as of June 2026. The market is currently neutral.

Gross rental yield
2.30%

At a median list price of $1,398,000 and a median rent of $2,675/month, the gross rental yield in Newark, CA ZIP 94560 is 2.30% as of June 2026.

STR vs LTR
$1,545/mo STR · $2,675/mo LTR

In Newark, CA ZIP 94560, median Airbnb revenue is $1,545/month compared to median long-term rent of $2,675/month as of June 2026.

Newark, CA 94560 Real Estate Market Report

ZIP Code: 94560

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
189
Active Listings
49
Sold Properties
140

Market Metrics

Median Listing Price
$1,398,000
Median Sold Price
$1,211,300
Median Price per Sqft
$828/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,675

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.57%

Liquidity & Velocity

Median Days on Market
301
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
flat
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Newark, CA are 6.65% compared to 5.99% for typical loans originated in this area in January 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The median sold price is $1,211,300, which should be treated as the primary indicator of market value; with the price year-over-year trend noted as up, recent transactions point to mild appreciation rather than rapid repricing.
  2. The median sold price is $1,211,300 combined with a median days on market of 301 suggests slower sales velocity and increased time to transact; this pace may indicate pricing friction or a more deliberate buyer decision cycle in the current market.
  3. The median listing price is $1,398,000 versus the median sold price of $1,211,300 signals a meaningful gap between seller expectations and completed transactions, which may require targeted pricing strategies or longer marketing periods to close deals; this is consistent with a neutral market temperature and warrants caution when setting initial offers. down
  4. The median price per square foot is $828 alongside a median market rent of $2,675—with rent year-over-year trend flat and interest rate pressure moderate—indicates limited near-term rental growth upside; investors should be cautious and focus on long-term appreciation rather than short-term cash-flow assumptions. moderate

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

36309 Tunbridge Dr, Newark, CA 94560
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

5 beds3 baths2,444 sqft
$2,450,000
May 1, 2026
$1,002/sqft/sqft
307 days on market
36302 Tunbridge Dr, Newark, CA 94560
Premium

Sold above market average

3 beds3 baths2,214 sqft
$2,375,000
May 1, 2026
$1,073/sqft/sqft
104 days on market
5879 Caleb Ct, Newark, CA 94560
Premium

Sold above market average

4 beds3 baths2,442 sqft
$2,290,000
May 1, 2026
$938/sqft/sqft
95 days on market
36391 Cherry St, Newark, CA 94560
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,442 sqft
$1,325,000
May 1, 2026
$919/sqft/sqft
137 days on market
5148 Ipswich Ct, Newark, CA 94560
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,254 sqft
$1,325,000
May 1, 2026
$1,057/sqft/sqft
208 days on market
5965 Moores Ave, Newark, CA 94560
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,456 sqft
$1,325,000
May 1, 2026
$910/sqft/sqft
319 days on market
5779 Saint Matthew Dr, Newark, CA 94560
Value

Sold below market average

4 beds2 baths1,464 sqft
$496,000
May 1, 2026
$339/sqft/sqft
578 days on market
37797 Rockspray St, Newark, CA 94560
Value

Sold below market average

3 beds2 baths1,295 sqft
$399,500
Apr 1, 2026
$308/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$4,396/mo
94560 Avg Rent
94560 Cost to Own
Rent$2,675
Own$7,071

20% down, 6.53% rate, 0.6% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

94560 Avg nightly rate
94560 Avg occupancy (days/year)
Nightly rate$149/night
Occupancy126 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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