
216 S Thistle Way Unit 216
Newark, DE 19702
David Sweeney · USRealty.com LLP
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Compass Real Estate · Newark, DE
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Housing market overview · Updated monthly ·
$389,000median sale price
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.)
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
| Metric | Value |
|---|---|
| Median sale price | $389,000 |
| Median list price | $449,950 |
| Year-over-year price change | +3.4% |
| Average days on market | 26 days |
| Active inventory | 34 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 100.7% |
| Median price per sq ft | $209/sq ft |
| Homes sold (latest month) | 23 |
| New listings (latest month) | 24 |
| Listings with a price cut | 26.5% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How the Newark, DE market breaks down across single-family homes, condos, and townhouses.
| 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 |
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.
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.

Newark, DE 19702
David Sweeney · USRealty.com LLP

Newark, DE 19702
Hovik Nazarian · Long & Foster Real Estate, Inc.

Newark, DE 19702
Cheri Chenoweth · Redfin Corporation

Newark, DE 19702
Lakeisha Cunningham · EXP Realty, LLC

Newark, DE 19702
Kathy Melcher · Coldwell Banker Rowley Realtors

Newark, DE 19711
Lindsey Varites · Tesla Realty Group, LLC

Newark, DE 19711
Kathy Melcher · Coldwell Banker Rowley Realtors

Newark, DE 19713
Joseph Hurley · Pantano Real Estate Inc

Newark, DE 19711
Linda Hanna · Patterson-Schwartz-Hockessin

Newark, DE 19711
Stephen Mottola · Compass

Newark, DE 19711
Michael Saunders · Remax Vision

Newark, DE 19711
Robert Young · Patterson-Schwartz - Greenville
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Active listings
34
Homes on market
Median list price
$450K
Avg. days on market
26
Days until sale
New this week
24
Newly listed
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
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
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.
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.
Want a head-to-head view? Compare Newark side-by-side with any other U.S. city using our market-comparison tool.
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.
The median home sale price in Newark is $389,000, up 3.4% from last year.
Homes typically spend 26 days on market before going under contract.
The median household income is $71,373 per year.
With 1.5 months of supply, Newark is currently a strong seller's market.
There are currently 34 homes listed for sale in Newark, DE.
The Zillow Home Value Index (ZHVI) for Newark is $371,502, representing the typical home value in the area.
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.
The median single-family home price in Newark, DE is $461,250 (about $219 per square foot).
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