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NEWARK, IL 60541

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

Market Overview

Active Listings
6
vs 6 last year
Pending
1
17% pending ratio
Median Price
$559,000
⇧ 50.6% vs $371,225 last year
Average Price
$501,530
⇧ 26.6% vs $396,218 last year
Days on Market
33
⇩ 68.9% vs 106 days last year

Market Context

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

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

Market Analysis

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

The NEWARK, IL real estate market (60541) currently shows 6 active listings, with 1 pending sales. Homes are averaging 33 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 33 days on market compared to 106 days last year.

The median listing price has risen 50.6% year-over-year, from $371,225 to $559,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Days on market: 33 now vs 106 last year

Median & Average Pricing

Year over Year
  • Median: $559,000 (+50.6% YoY)
  • Average: $501,530 (+26.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.3 miles — 516 listings ($242,024,567 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60541Newark, IL 605410.0 mi6$3,009,180$559,000$501,530
60536Millbrook, IL 605365.6 mi1$1,290,000$1,290,000$1,290,000
60551Sheridan, IL 605518.5 mi10$6,655,380$592,300$665,538
60447Minooka, IL 6044710.6 mi49$19,122,544$362,500$390,256
60450Morris, IL 6045011.3 mi42$16,831,710$331,000$400,755
60512Bristol, IL 6051213.3 mi2$1,324,000$662,000$662,000
60552Somonauk, IL 6055213.4 mi12$3,677,196$287,450$306,433
60531Leland, IL 6053115.0 mi3$793,701$264,900$264,567
60586Plainfield, IL 6058615.6 mi81$34,653,744$422,500$427,824
60538Montgomery, IL 6053816.5 mi47$16,346,177$329,000$347,791
60431Joliet, IL 6043116.6 mi88$32,532,896$365,000$369,692
60410Channahon, IL 6041017.4 mi63$28,731,591$439,450$456,057
60585Plainfield, IL 6058518.3 mi112$77,056,448$606,685$688,004

Frequently Asked Questions

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

As of January 2026, there are 6 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 $559,000 as of January 2026, a 50.6% increase from $371,225 the prior year.

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

Homes in NEWARK, IL 60541 spend an average of 33 days on the market before going under contract, compared to 106 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 January 2026, NEWARK, IL 60541 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 33 days on market compared to 106 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 $11,180 compared to a typical 5% commission on the median listing price of $559,000. 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.