Newark, Texas.
Typical home $298,450 (-2.9% in a year). Dallas-Fort Worth-Arlington, TX metro.
to buy the typical home at today's mortgage rate — +$765 (+96%) since Jan 2020.
- 1 year
- Down $8,968 -3%
- $307,418$298,450 since Sep 2025
- 5 years
- Up $19,626 +7%
- $278,824$298,450 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Newark$1,566
- Texas$1,556
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 51 years.
Typical home values in Newark, TX fell 2.9% over the past year — slower than the nation's +1.2%.
Living in Newark, Wise County, Texas
Newark is a city of 1,096 people in Wise County. 77% of its homes are lived in by their owners and 23% are rented. Unemployment in Wise County was 4.1% in August 2026, and the county had 2.9% more jobs in 2025 than the year before. The most residents work in professional services, then restaurants and hotels.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Newark is a small city in Wise County, and most of its homes are lived in by their owners. Home values here run above what is typical across much of the country. Winters are mild and short, summers are hot, and the year brings a fair amount of rain.
Work. Residents work mostly in professional and business services, in restaurants, hotels and entertainment, in schools, hospitals and social care, and in shops. Across Wise County, some of the largest workplaces are Decatur Community Hospital, Decatur ISD and Walmart. Commutes are on the long side, and some people work from home.
Things to do. Walnut Creek is a river a short drive away. For a day out, Fort Worth is a longer drive, with the Fort Worth Zoo and the Amon Carter Museum of American Art. Texas Motor Speedway, a race track, is also a longer drive away.
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- 16%of adults have a degree
- 33 mintypical commute
- 12%work from home
What residents work in
Employed residents by industry, from the Census survey. Wise County had 21,814 jobs in 2025, 2.9% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 57° and lows near 36°; warmest in July, with highs near 97° and lows near 76°. About 37 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Fort Worth Alliance Airport weather station, 10 miles away (NOAA).
Largest workplaces in Wise County
- Decatur Community HospitalGeneral hospital928FTE
- Decatur ISDSchool district508FTE
- Solaris HealthcareHospice care services, in home477
- LBW TurnerArchitectural wall panels, precast concrete, manufacturing429
- WalmartWarehouse clubs and supercenters394
- Bridgeport ISDSchool district339FTE
- Boyd ISDSchool district187FTE
- Paradise ISDSchool district166FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 46 workplaces with 20 or more staff, 4,212 people in all across the county; Newark has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HailRelatively high
- Heat wavesRelatively high
- TornadoesRelatively high
- WildfireRelatively moderate
- Ice stormsRelatively moderate
- Strong windRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Newark’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Wise County and the Dallas-Fort Worth-Arlington, TX metro.
Newark home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Newark$298,450
- Texas$296,424
- United States$366,157
Sellers are cutting prices on about 1 in 3 Newark listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Newark31.49%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Newark29
New listings per month
Sellers arriving at the market.
- Newark7
Zip codes with a Newark address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Newark — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.