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NEWARK, IL 60541

Real Estate Market Report  ·  Kendall County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The NEWARK, IL real estate market (60541) currently shows 8 active listings, with 2 pending sales. Homes are averaging 26 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 26 days on market compared to 44 days last year.

The median listing price has risen 84.3% year-over-year, from $292,400 to $539,000.

Whether you are buying or selling in NEWARK, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 3,447  ·  Density: 16.0/mi²  ·  Median household income: $111,667

Typical home value: $311,123  ·  Homeownership: 85.5%

Market Overview

Active Listings
8
⇧ 33.3% vs 6 last year
Pending
2
25% pending ratio
Median Price
$539,000
⇧ 84.3% vs $292,400 last year
Average Price
$484,921
⇧ 26% vs $384,933 last year
Days on Market
26
⇩ 40.9% vs 44 days last year

Price Per Square Foot

Median $/sqft
$261
⇧ 58.2% vs $165/sqft last year
Median Home Size
1,962 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 6 last year
  • Days on market: 26 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $539,000 (+84.3% YoY)
  • Average: $484,921 (+26% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.3 miles — 555 listings ($262,122,964 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60541Newark, IL 605410.0 mi7$3,121,244$464,450$445,892
60536Millbrook, IL 605365.6 mi1$1,290,000$1,290,000$1,290,000
60551Sheridan, IL 605518.5 mi10$7,010,070$759,700$701,007
60447Minooka, IL 6044710.6 mi49$19,609,261$359,999$400,189
60450Morris, IL 6045011.3 mi42$15,454,278$319,000$367,959
60512Bristol, IL 6051213.3 mi1$425,000$425,000$425,000
60552Somonauk, IL 6055213.4 mi13$4,680,078$293,675$360,006
60531Leland, IL 6053115.0 mi4$915,600$228,900$228,900
60586Plainfield, IL 6058615.6 mi87$37,287,591$415,500$428,593
60538Montgomery, IL 6053816.5 mi55$19,623,285$338,700$356,787
60431Joliet, IL 6043116.6 mi92$32,907,388$349,973$357,689
60410Channahon, IL 6041017.4 mi73$33,679,718$448,675$461,366
60585Plainfield, IL 6058518.3 mi121$86,119,451$624,593$711,731

Frequently Asked Questions

How many homes are for sale in NEWARK, IL 60541?

As of March 2026, there are 8 active listings in NEWARK, IL (zip code 60541), compared to 6 the prior year.

What is the median home price in NEWARK, IL 60541?

The median listing price in NEWARK, IL 60541 is $539,000 as of March 2026, a 84.3% increase from $292,400 the prior year.

How long do homes stay on the market in NEWARK, IL?

Homes in NEWARK, IL 60541 spend an average of 26 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in NEWARK, IL 60541?

Based on current inventory and days-on-market data as of March 2026, NEWARK, IL 60541 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 26 days on market compared to 44 days last year.

How much can I save on real estate commission in NEWARK, IL?

With SELL123.com's maximum 3% commission, sellers in NEWARK, IL 60541 save an estimated $10,780 compared to a typical 5% commission on the median listing price of $539,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.