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Sarah Mitchell

CNESRESABR

Compass Real Estate · Newark, DE

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Newark, DE(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Newark, DE Housing Market & Real Estate

Strong seller's market+3.4% YoY

Housing market overview · Updated monthly ·

$389,000median sale price

How is the Newark, DE housing market right now?

The median home sale price in Newark, DE is $389,000, up 3.4% year-over-year. Homes sell in an average of 26 days with 34 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Newark a buyer's or seller's market?

Strong seller's market1.5 months of supply26 avg. days on market

Newark, DE is currently a strong seller's market, based on 1.5 months of supply and homes selling in about 26 days. How we determine this →

Homes sold

23

Last 12 weeks

Days on market

26

Average pace

Active listings

34

1.5 months supply

Sale-to-list

100.7%

Above asking

What does the Newark housing market data show?

Current housing market statistics for Newark, DE
MetricValue
Median sale price$389,000
Median list price$449,950
Year-over-year price change+3.4%
Average days on market26 days
Active inventory34 listings
Months of supply1.5 months
Sale-to-list price ratio100.7%
Median price per sq ft$209/sq ft
Homes sold (latest month)23
New listings (latest month)24
Listings with a price cut26.5%
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Newark by property type?

How the Newark, DE market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Newark, DE
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$461,250$219/sq ft1418 days
Condo / Co-op$181,500$197/sq ft210 days
Townhouse$349,900$194/sq ft744 days

Source: Redfin · Updated monthly

The Newark housing market is currently classified as a strong seller's market with a median sale price of $389,000. Prices have risen 3.4% compared to last year, with homes spending an average of 26 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.2x provides context for how home values compare to local earning capacity.

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.

3 bedroom mobile home for sale at 216 S Thistle Way Unit 216 Newark 19702 - $118,500
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
land for sale at 1784 Old Baltimore Pike Newark 19702 - $249,900
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
2 bedroom townhouse for sale at 328 Barley Dr Newark 19702 - $275,000
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
3 bedroom townhouse for sale at 309 Goldsmith Ln Newark 19702 - $289,900
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

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3 bedroom house for sale at 1651 Iron Hill Rd Newark 19702 - $325,000
$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

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3 bedroom house for sale at 49 Springlake Dr Newark 19711 - $363,500
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

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4 bedroom house for sale at 808 Kenyon Ln Newark 19711 - $385,000
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

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4 bedroom house for sale at 11 N Skyward Dr Newark 19713 - $399,900
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
3 bedroom house for sale at 106 N Dillwyn Rd Newark 19711 - $410,000
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
4 bedroom house for sale at 6 Worral Ct Newark 19711 - $529,900
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
4 bedroom house for sale at 100 Odessa Way Newark 19711 - $720,000
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
4 bedroom house for sale at 52 E Mill Station Dr Newark 19711 - $739,900
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%

Who lives in Newark?

Population

30,309

Median income

$71,373/yr

Median age

22 years

Owner-occupied

50.3%

College grads

57.5%

Avg commute

19.6 min

Source: U.S. Census Bureau ACS

What are homes worth in Newark?

Zillow home value

$371,502

Zillow rent index

$2,113/mo

Price-to-rent ratio

14.7x

Price-to-income

5.2x

Source: Zillow Research

What is it like to live in Newark?

Newark is a community of approximately 30K residents with a median age of 22 years.The median household income is $71,373, which represents a working-class community with solid middle-income opportunities. 57.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 50.3%, showing a blend of owner and renter-occupied properties. The average commute time is 19.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Newark offers a balanced lifestyle with accessible home values relative to local income levels.

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

Charter

Las Americas ASPIRA Academy

Grades K-12 · 1,444 students

Charter

Christiana High School

Grades 6-12 · 1,340 students

Public

Hodgson (Paul M.) Vocational Technical High School

Grades 9-12 · 1,094 students

Vocational

Newark High School

Grades 8-12 · 1,055 students

Public

Glasgow High School

Grades 9-12 · 907 students

Public

Shue-Medill Middle School

Grades 6-8 · 807 students

Public

Academia Antonia Alonso

Grades K-7 · 805 students

Charter

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?

Want a head-to-head view? Compare Newark side-by-side with any other U.S. city using our market-comparison tool.

Which ZIP codes are in Newark?

Is Newark a good real estate investment market?

For investors evaluating Newark, the price-to-rent ratio of 14.7x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 3.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Newark's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Newark's median home price.

Frequently asked questions

What is the average home price in Newark?

The median home sale price in Newark is $389,000, up 3.4% from last year.

How long do homes stay on market in Newark?

Homes typically spend 26 days on market before going under contract.

What is the median income in Newark?

The median household income is $71,373 per year.

Is Newark a buyer's or seller's market?

With 1.5 months of supply, Newark is currently a strong seller's market.

How many homes are for sale in Newark?

There are currently 34 homes listed for sale in Newark, DE.

What is the Zillow home value estimate for Newark?

The Zillow Home Value Index (ZHVI) for Newark is $371,502, representing the typical home value in the area.

What is the median condo price in Newark?

The median condo/co-op sale price in Newark, DE is $181,500, compared to $461,250 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Newark?

The median single-family home price in Newark, DE is $461,250 (about $219 per square foot).

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