Median home value: $394K (+5.8% YoY). Part of Chicago-Naperville-Elgin, IL-IN-WI.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Chicago-Naperville-Elgin, IL-IN-WI metro page.
Home Value$393,727
+5.8%
AFFORDABILITY6.00% 30yr, 20% down, county tax + IL ins. 28% per HUD.
Enter your income for Newark.
$78,745 on $393,727
Out of reach — 44.3% of income
Need $118,714/yr to afford.
PITI$2,770
P/I44.3%
Afford$249K
Gap-$145K
P&I $1,888Tax $732Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing