Rates held. The 30 year fixed is 6.81% and the 15 year is 6.35%, both unchanged, per Mortgage News Daily, whose board posts its Monday reading late this afternoon. What changed over the weekend is not the rate but the expectation behind it.
30 Year Fixed
6.81%
unchanged, near a 52 week high
Houses and townhomes buyable
60
45 active, 8 newly listed, 7 coming soon
Median asking
$1,238,000
19 median days on market
Under contract
28
down from 32 on Friday
Eleven ways into Newark under $900,000
The headline number in Newark is a $1,238,000 median, and that scares off buyers who would actually qualify here. Eleven houses and townhomes are currently available below $900,000, a mix of both, and one of them is the one genuinely new listing since Friday.
What the weekend actually did
Buyable inventory rose from 58 to 60 while the number under contract fell from 32 to 28. Read the second number carefully: contracts leaving this count usually means deals closing rather than falling apart. Seven more homes are staged as coming soon.
The median listing has now been available 19 days, up from 17 on Friday. That is a small move, but paired with rising inventory and a Fed leaning toward higher rates, it is the direction a buyer wants and the direction a seller should price against.
Want the full list of homes under $900,000 that fit your search, or to know what your own place would bring right now? Reach out to Harv or Liliana. We go through these numbers every morning so you do not have to.
Based on information from the Bay East Association of REALTORS® (Bay East MLS) as of 08/31/26. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Single family homes and townhomes in Newark, CA 94560.
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