New Listing
16
$118,500
216 S Thistle Way Unit 216
Newark, DE 19702
3 bd2 ba1,456 sqft$81/ft²
Mobile home
David Sweeney · USRealty.com LLP
View photos & details
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Compass Real Estate · Newark, DE
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Newark, DE Housing Market
Strong seller's market-0.8% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Newark, DE is worth $365,464, fell 0.8% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $389,000, +3.4% year over year (through May 2026). With 1.5 months of supply and homes going under contract in about 26 days, Newark is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $365,464 home is about $1,951/mo in principal and interest.
Key numbers for Newark, DE
Typical home value
$365,464
-0.8% in 12 months
Zillow, August 2026
Typical asking rent
$2,037/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$389,000
+3.4% year over year
Redfin, through May 2026
Days on market
26
Average pace
Redfin, through May 2026
Active listings
34
1.5 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$71,373
Home costs 5.1x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.7%
Selling above asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Newark a buyer's or seller's market?
Strong seller's market1.5 months of supply26 days on market100.7% of asking
Newark, DE is a strong seller's market, based on 1.5 months of supply and homes selling in about 26 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Newark housing market data show?
Every row below is Redfin's final published month for Newark, DE. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $389,000 |
| Median list price | $449,950 |
| Year-over-year price change | +3.4% |
| Median price per sq ft | $209/sq ft |
| Median days on market | 26 days |
| Active inventory | 34 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 100.7% |
| Homes sold (that month) | 23 |
| New listings (that month) | 24 |
| Listings with a price cut | 26.5% |
| Market condition | Strong seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Newark is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Newark is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Newark home prices moved?
Over the last three years the median sale price in Newark, DE rose 5.9%, from $367,500 to $389,000. The live Zillow value series has fell 0.8% in the last 12 months, which is the more current read now that Redfin's series has stopped. 26.5% of Newark listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 1.5 months while the sale-to-list ratio slips below its current 100.7%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Newark?
Priced off the typical home value of $365,464 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $73,093 | $292,372 | $1,951/mo |
| 5% | $18,273 | $347,191 | $2,317/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,951, that implies roughly $83,616 a year before you add taxes and insurance. The median household in Newark earns $71,373, about $12,243 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.1x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Newark in the next 12 months?
Tell us your timeline. We send the Newark market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Newark?
Typical asking rent in Newark, DE is $2,037/mo, against a typical home value of $365,464. That is a price-to-rent ratio of 15.0x, which means buying tends to beat renting on monthly cost over a typical hold. Compared head to head, 20% down puts principal and interest at $1,951 a month — $86 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Newark?
Active listings in Newark, DE went from 43 in May 2025 to 34 in May 2026, a -20.9% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 52 | 28 |
| July 2025 | 43 | 20 |
| August 2025 | 41 | 25 |
| September 2025 | 41 | 25 |
| October 2025 | 36 | 15 |
| November 2025 | 24 | 12 |
| December 2025 | 15 | 8 |
| January 2026 | 15 | 9 |
| February 2026 | 22 | 17 |
| March 2026 | 31 | 24 |
| April 2026 | 28 | 23 |
| May 2026 | 34 | 24 |
Redfin, through May 2026
How does Newark compare to Delaware and the U.S.?
Newark homes sell for $389,000 — 1% above the Delaware median of $384,500. Against the national median of $410,700, Newark runs 5% lower. Year-over-year, Newark moved +3.4% against Delaware's +5.8% — a smaller swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Newark, DE | $389,000 | +3.4% | 26 days |
| Delaware statewide | $384,500 | +5.8% | 33 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Newark
What buyers should watch
- Months of supply, currently 1.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 26.5%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $366 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $365,464 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Newark listing goes under contract in 26 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.7% of asking. Price at the number you want and let competition do the rest.
- In the last published month Newark added 24 new listings against 23 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved -0.8% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Newark varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Newark
There are currently 34 homes listed for sale in Newark, Delaware. The median listing price is $450K. Featured listings range from $118,500 to $739,900.
New Listing
16
$249,900
1784 Old Baltimore Pike
Newark, DE 19702
Land10.00 acres
Hovik Nazarian · Long & Foster Real Estate, Inc.
View photos & details
New Listing
32
$275,000
328 Barley Dr
Newark, DE 19702
2 bd2 ba1,231 sqft$223/ft²
Townhouse2,614 sqft lot
Cheri Chenoweth · Redfin Corporation
View photos & details
New Listing
$289,900
309 Goldsmith Ln
Newark, DE 19702
3 bd2 ba1,525 sqft$190/ft²
Townhouse3,920 sqft lot
Lakeisha Cunningham · EXP Realty, LLC
View photos & details
$325,000
1651 Iron Hill Rd
Newark, DE 19702
3 bd2 ba1,475 sqft$220/ft²
House1.33 acres
Kathy Melcher · Coldwell Banker Rowley Realtors
View photos & details
New Listing
3
$363,500
49 Springlake Dr
Newark, DE 19711
3 bd2 ba1,550 sqft$235/ft²
House9,583 sqft lot
Lindsey Varites · Tesla Realty Group, LLC
View photos & details
20
$385,000
808 Kenyon Ln
Newark, DE 19711
4 bd2 ba2,066 sqft$186/ft²
House8,712 sqft lot
Kathy Melcher · Coldwell Banker Rowley Realtors
View photos & details
New Listing
30
$399,900
11 N Skyward Dr
Newark, DE 19713
4 bd2 ba1,692 sqft$236/ft²
House7,000 sqft lot
Joseph Hurley · Pantano Real Estate Inc
View photos & details
New Listing
30
$410,000
106 N Dillwyn Rd
Newark, DE 19711
3 bd2 ba2,080 sqft$197/ft²
House6,970 sqft lot
Linda Hanna · Patterson-Schwartz-Hockessin
View photos & details
33
$529,900
6 Worral Ct
Newark, DE 19711
4 bd3 ba2,100 sqft$252/ft²
House10,890 sqft lot
Stephen Mottola · Compass
View photos & details
New Listing
55
$720,000
100 Odessa Way
Newark, DE 19711
4 bd4 ba4,050 sqft$178/ft²
House17,424 sqft lot
Michael Saunders · Remax Vision
View photos & details
New Build
18
$739,900
52 E Mill Station Dr
Newark, DE 19711
4 bd3 ba2,800 sqft$264/ft²
House17,860 sqft lot
Robert Young · Patterson-Schwartz - Greenville
View photos & details
Looking to buy in Newark?
Get connected with a local real estate expert — free, no obligation.
Active listings
34
Homes on market
Median list price
$450K
Avg. days on market
26
Days until sale
New this week
24
Newly listed
Price drops:26.5%of listings
Sale-to-list:100.7%
How much do homes cost in Newark by property type?
How the Newark, DE market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $461,250 | $219/sq ft | 14 | 18 days |
| Condo / co-op | $181,500 | $197/sq ft | 2 | 10 days |
| Townhouse | $349,900 | $194/sq ft | 7 | 44 days |
Who lives in Newark?
American Community Survey estimates for Newark. U.S. Census ACS, 2023
Population
30,309
Households
8,675
Median income
$71,373/yr
Median age
22 years
Owner-occupied
50.3%
Median home value
$357,600
Median gross rent
$1,611/mo
Mean commute
19.6 min
50.3% of occupied homes in Newark are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $357,600 against Zillow's $365,464 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,611/mo, below Zillow's $2,037/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Newark?
29 schools tracked · 18,110 students
The largest public schools serving Newark, DE by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Newark Charter School
Grades K-12 · 3,047 students
Las Americas ASPIRA Academy
Grades K-12 · 1,444 students
Christiana High School
Grades 6-12 · 1,340 students
Hodgson (Paul M.) Vocational Technical High School
Grades 9-12 · 1,094 students
Newark High School
Grades 8-12 · 1,055 students
Glasgow High School
Grades 9-12 · 907 students
Shue-Medill Middle School
Grades 6-8 · 807 students
Academia Antonia Alonso
Grades K-7 · 805 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Newark, DE?
Ordered by distance from Newark, not by size. Compare Newark side by side with any of them.
Which ZIP codes are in Newark?
These are the ZIP codes we see on active Newark listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Newark housing market FAQ
Is Newark a buyer's or seller's market?
Newark, DE is currently a strong seller's market. That read comes from 1.5 months of supply, homes going under contract in about 26 days, and sellers getting 100.7% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Newark?
The typical home in Newark, DE is worth $365,464 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $389,000, about $209 per square foot.
Is Newark cheaper than the rest of Delaware?
Newark's median sale price of $389,000 is 1% higher than the Delaware statewide median of $384,500, and 5% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Newark?
Homes in Newark, DE spent a median of 26 days on market before going under contract, versus 33 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Newark?
At the current 30-year fixed rate of 7.03%, 20% down on a $365,464 home is about $1,951 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $83,616 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $71,373.
Are home prices rising in Newark?
The typical home value in Newark, DE fell 0.8% over the last 12 months, from $368,318 to $365,464 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Newark?
Newark ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Newark?
That depends on your timeline, not on a headline. What the data says today: Newark, DE is a strong seller's market with 1.5 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 15.0x means buying tends to beat renting on monthly cost over a typical hold. Properties Incorporated publishes the data; it does not give financial advice.
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