Coming soon
$7,659 Closing Credit¹
Peggy Centrella, Listing Office: Patterson-Schwartz-Hockessin
New Castle County Housing Market Report December 2024•New Castle County, Delaware
Housing Prices in New Castle County, DE
How much do homes in New Castle County, DE cost?
Housing Market Conditions
Is New Castle County, DE a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
New Castle County is a Seller's Market
Difference Since December 2023
Since last year, New Castle County has remained a Seller's Market.
Insight
New Castle County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$359,891$201/SqFt
+$20,184
+5.9%
Based on all homes sold in the last 12 months
Insight
Homes in New Castle County have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in New Castle County was $359,891 in December 2024, up 5.9% from last year, and the median price per square foot was $201.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Delaware County | $326.2K | $350.5K | +7.5% |
| Salem County | $244.6K | $261.3K | +6.8% |
| Cecil County | $338.3K | $360.9K | +6.7% |
| New Castle County | $339.7K | $359.8K | +5.9% |
| Chester County | $497.3K | $520.2K | +4.6% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $149.5K | $168K | +12.4% |
| 22 Bedrooms | $230K | $255.9K | +11.3% |
| 33 Bedrooms | $313.8K | $328.6K | +4.7% |
| 44 Bedrooms | $461.3K | $490.4K | +6.3% |
| 55+ Bedrooms | $557K | $598.7K | +7.5% |
Summary: New Castle County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +12.4%. The home price for 2 bedroom homes increased by +11.3%. The home price for 3 bedroom homes increased by +4.7%. The home price for 4 bedroom homes increased by +6.3%. The home price for 5 bedroom homes increased by +7.5%.
Housing supply in New Castle County, DE
How many homes are available in New Castle County, DE?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1,412Last MonthDec 2024 | ||
| 1,5502 months agoNov 2024 | -8.9 % Change MoMNov – Dec |
Summary: The New Castle County real estate market had 1,412 homes for sale in Dec 2024, a 8.9 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 434Last MonthDec 2024 | ||
| 4062 months agoNov 2024 | +6.9 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 22 | 27 | +22.7% |
| 22 Bedrooms | 240 | 220 | -8.3% |
| 33 Bedrooms | 729 | 663 | -9.1% |
| 44 Bedrooms | 440 | 390 | -11.4% |
| 55+ Bedrooms | 119 | 112 | -5.9% |
Summary: New Castle County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +22.7%. The inventory for 2 bedroom homes decreased by -8.3%. The inventory for 3 bedroom homes decreased by -9.1%. The inventory for 4 bedroom homes decreased by -11.4%. The inventory for 5 bedroom homes decreased by -5.9%.
Asking Price vs. Sold Price
How much do homes in New Castle County, DE cost?
Over Asking Price148 Homes
At Asking Price138 Homes
Under Asking Price148 Homes
Insight
If you're buying a home in New Castle County, you may be able to get a good deal. 34.1% of homes here sold below asking price last month.
Summary: A total of 434 homes were sold or pending in New Castle County in December 2024, up by 6.9% month-over-month. Of the 434 sold homes, 34% were sold under asking, 32% were sold at asking, and and 34% were sold over asking.
Days on Market for New Castle County, DE
How long does it take to sell a home in New Castle County, DE?
Breakdown of Home Sale Times
Under 30 Days330 Homes
30 – 90 Days72 Homes
Over 90 Days32 Homes
Insight
Many homes in New Castle County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 434 homes were sold in New Castle County; 76% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 27 DaysThis YearDec 2024 | ||
| 25 Days1 year agoDec 2023 | +6.8 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in New Castle County had an average listing age of 27 days in Dec 2024, up by 6.8% compared to the previous year.
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Newest Listings in New Castle County, DE
What homes are available in New Castle County, DE?
Coming soon
$5,463 Closing Credit¹
Brett A Youngerman, Listing Office: Long & Foster Real Estate, Inc.
Coming soon
$7,748 Closing Credit¹
Jeff Bollinger, Listing Office: BHHS Fox & Roach - Hockessin
New - 3 hours on Rocket
$3,561 Closing Credit¹
Patrick D Lorenz, Listing Office: Patterson-Schwartz - Greenville
Coming soon
$3,622 Closing Credit¹
Pamela C Cox, Listing Office: BHHS Fox & Roach-Christiana
New - 4 hours on Rocket
$772 Closing Credit¹
Juan Soto, Listing Office: Crown Homes Real Estate
New - 5 hours on Rocket
$4,263 Closing Credit¹
Megan Nolan, Listing Office: Walker Realty Group
Coming soon
$4,097 Closing Credit¹
Laura A Diaz, Listing Office: EXP Realty, LLC
New - 5 hours on Rocket3D tour
$6,828 Closing Credit¹
Blakely A Minton, Listing Office: Redfin Corporation
New - 6 hours on Rocket
$3,503 Closing Credit¹
Victoria A. Lawson, Listing Office: Long & Foster Real Estate, Inc.
New - 18 hours on Rocket
$4,868 Closing Credit¹
Maria A Ruckle, Listing Office: Empower Real Estate, LLC
Coming soon
$3,978 Closing Credit¹
Steve W Han, Listing Office: Keller Williams Realty Wilmington
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 01/01/2023 - 01/01/2025
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:24:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.