Southwest Newark, Newark, OH
Southwest Newark — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Southwest Newark, Newark, Ohio. Explore the cited sources and local facts below while agent underwriting continues.
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Southwest Newark Neighborhood Overview
Southwest Newark is a residential community within the city of Newark, Ohio, offering a suburban atmosphere with convenient access to urban amenities. The neighborhood is characterized by a mix of single-family homes and quiet streets. Its location provides residents with a balance of community feel and connectivity to the wider Licking County area.
Lifestyle & Amenities
Residents enjoy proximity to local parks, shopping centers, and dining options along nearby major corridors. The area provides essential services and retail convenience for everyday needs. Community life is supported by these accessible amenities, contributing to a practical and comfortable living environment.
Real Estate Market
The median home value in Southwest Newark is $170,000, according to U.S. Census Bureau ACS 5-Year Estimates (2022). Current market data shows a price per square foot of approximately $286.18, according to Redfin market data. This indicates a market with more affordable entry points compared to many national averages.
Schools & Education
Southwest Newark is served by the Newark City School District, which operates several elementary, middle, and high schools in the area. Families have access to public education options within the community. The district provides the foundational educational services for neighborhood residents.
Transportation & Connectivity
The neighborhood is well-connected via major roads like State Route 79 and US Route 40, facilitating easy travel throughout Newark and to surrounding areas. While primarily car-dependent, the street grid offers efficient local navigation. This connectivity supports commuting and access to regional employment centers.
Why Choose Southwest Newark
Southwest Newark appeals to homebuyers seeking affordability, with a median household income of $59,345 and median home values below state averages, according to U.S. Census Bureau ACS 5-Year Estimates (2022). It offers a settled community with the practical benefits of Newark's amenities and services. The neighborhood represents a value-oriented choice within the Licking County housing market.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Southwest Newark Market Data
| Metric | Value |
|---|---|
| Median Home Price | $170K |
| Median Gross Rent | $879/mo |
| Median Household Income | $59K |
| Homeownership Rate | 60.0% |
| Renter-Occupied | 40.0% |
| Rental Vacancy Rate | 5.0% |
| Market Type | Balanced |
| Market Tier | Affordable |
| Primary ZIP Code | 43055 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 313,866 |
| VA Loan Originations | 14,975 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $247K |
| Conventional Loan Originations | 263,696 |
| FHA Loan Originations | 35,195 |
Top Real Estate Agents in Southwest Newark, Newark
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Southwest Newark, Newark, OH. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Ohio Division of Real Estate — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-14