Housing in Newark, DE

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$291,000

Median List Price

$425,000

Price Per Sq Ft

$215

Days on Market

54

Active Inventory

15

Months of Supply

1.5

Seller's market

Zillow Home Value

$356,253

ZHVI — January 2026

Zillow Rent Index

$2,041

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 33.3%List Price 22.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

30.0%

Off Market in 2 Weeks

50.0%

Sale-to-List Ratio

99.9%

Buyer's market

Sold Above Asking
30.0%
Under Contract in 2 Wks
50.0%
Listings with Price Drops
20.0%

Market Activity

Source: Redfin

Homes Sold

10

New Listings

9

Pending Sales

8

Homes Sold 11.1%New Listings 65.4%Pending 60.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$215

Median List $/SF

$212

Sale $/SF 5.3%List $/SF 6.0%Mar 24Jan 26

Newark vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Newark is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$357,600

Median Rent

$1,611

Total Housing Units

10,002

Vacancy Rate

13.3%

Owner Occupied

50.3%

Renter Occupied

49.7%

Median Property Tax

$2,903

per year

Monthly Cost (w/ Mortgage)

$1,469

Housing Types

Single Family
56.7%
Multi-Family
43.3%
Mobile Home
0.0%

The current median sale price in Newark, DE is $291,000 according to Redfin data. Homes spend a median of 54 days on the market. 30.0% of homes sold above asking price. The market has 1.5 months of supply. The median price per square foot is $215. Zillow's observed rent index is $2,041/month. About 50.3% of housing units are owner-occupied. The median year homes were built is 1977. There are 10,002 total housing units.