Newark, CA 94560 Real Estate Market Report

ZIP Code: 94560
Report Date: May 2026
Market Temperature: HOT
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.

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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.

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Market Metrics

Note: 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.

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Rental Market

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.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Newark, CA are averaging 6.39%, reflecting the prevailing market environment for property owners in this area.

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

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Key Findings

1. 1,198,000 is the best indicator of current market value based on recent transactions; with a market temperature described as hot, sellers can generally expect strong pricing, though agents should set expectations that this relies on accurate pricing and staging to capture demand.

2. Despite strong pricing, the market shows slower sales velocity with a median days on market of 320, which may indicate extended decision timelines or pricing friction; sellers should consider targeted marketing and flexible showing strategies to reduce time-to-contract.

3. There is a narrow spread between median listing price of 1,191,000 and the median sold price, which suggests that listing expectations and transaction outcomes are closely aligned — however, pricing must remain competitive to maintain the current hot market position.

4. Interest rate pressure is 6.39% and labeled as elevated; buyers will face higher financing costs which may temper some demand, so sellers and investors should factor financing sensitivity into offer negotiations.

5. Rental signals are softer: the median market rent of 2,797 alongside a rent year-over-year trend of down suggests rental income growth is cooling, so investors should be cautious relying on near-term rent appreciation when underwriting acquisitions.

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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.

Newark, CA 94560 Real Estate Market Report

ZIP Code: 94560
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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.

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Market Metrics

Note: 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.

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Rental Market

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.

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Property Taxes

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Liquidity & Velocity

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.

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Newark, CA are averaging 6.39%, reflecting the prevailing market environment for property owners in this area.

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

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Key Findings

1. median sold price $680,000 is the primary indicator of market value and recent transactions, and with the market temperature labeled hot and the price year-over-year trend listed as up, recent closed sales support continued price strength in Newark's SFR and condo market.

2. median listing price $899,000 sits well above the median sold price of $680,000, which suggests seller expectations exceed recent transaction levels and may create pricing friction between asking prices and realized sale prices.

3. median days on market 301 indicates slower sales velocity despite a hot market label and a sample that reflects relatively constrained active supply, so liquidity appears mixed and sellers may require more time to transact or adjust pricing.

4. median market rent $2,375 is accompanied by a rent year-over-year trend of down and elevated interest rate pressure, with current 30-year fixed mortgage rates averaging 6.39%, signaling tighter financing conditions that could further moderate rent growth and influence buyer affordability.

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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.