New - 4 hours on Rocket
$3,147 Closing Credit¹
#DENC2076852, Robert A Blackhurst, Listing Office: Compass
Newark Housing Market Report February 2025•New Castle County, Delaware
Housing Prices in Newark, DE
How much do homes in Newark, DE cost?
Housing Market Conditions
Is Newark, DE a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Newark is a Seller's Market
Difference Since February 2024
Since last year, Newark has remained a Seller's Market.
Insight
Newark is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$365,021$200/SqFt
+$21,201
+6.2%
Based on all homes sold in the last 12 months
Insight
Homes in Newark have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Newark was $365,021 in February 2025, up 6.2% from last year, and the median price per square foot was $200.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Glasgow | $390K | $422.8K | +8.4% |
| Newark | $343.8K | $365K | +6.2% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $168.7K | $170.5K | +1.0% |
| 22 Bedrooms | $245K | $268K | +9.4% |
| 33 Bedrooms | $320K | $335.2K | +4.8% |
| 44 Bedrooms | $424K | $465K | +9.7% |
| 55+ Bedrooms | $480K | $559.9K | +16.6% |
Summary: Newark housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +1.0%. The home price for 2 bedroom homes increased by +9.4%. The home price for 3 bedroom homes increased by +4.8%. The home price for 4 bedroom homes increased by +9.7%. The home price for 5 bedroom homes increased by +16.6%.
Housing supply in Newark, DE
How many homes are available in Newark, DE?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 206Last MonthFeb 2025 | ||
| 2102 months agoJan 2025 | -1.9 % Change MoMJan – Feb |
Summary: The Newark real estate market had 206 homes for sale in Feb 2025, a 1.9 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 40Last MonthFeb 2025 | ||
| 632 months agoJan 2025 | -36.5 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 3 | 2 | -33.3% |
| 22 Bedrooms | 47 | 43 | -8.5% |
| 33 Bedrooms | 92 | 84 | -8.7% |
| 44 Bedrooms | 54 | 59 | +9.3% |
| 55+ Bedrooms | 14 | 18 | +28.6% |
Summary: Newark housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -33.3%. The inventory for 2 bedroom homes decreased by -8.5%. The inventory for 3 bedroom homes decreased by -8.7%. The inventory for 4 bedroom homes increased by +9.3%. The inventory for 5 bedroom homes increased by +28.6%.
Asking Price vs. Sold Price
How much do homes in Newark, DE cost?
Over Asking Price10 Homes
At Asking Price13 Homes
Under Asking Price17 Homes
Insight
If you're buying a home in Newark, you may be able to get a good deal. 42.5% of homes here sold below asking price last month.
Summary: A total of 40 homes were sold or pending in Newark in February 2025, down by 36.5% month-over-month. Of the 40 sold homes, 43% were sold under asking, 33% were sold at asking, and and 25% were sold over asking.
Days on Market for Newark, DE
How long does it take to sell a home in Newark, DE?
Breakdown of Home Sale Times
Under 30 Days27 Homes
30 – 90 Days10 Homes
Over 90 Days3 Homes
Insight
Many homes in Newark are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 40 homes were sold in Newark; 68% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 29 DaysThis YearFeb 2025 | ||
| 20 Days1 year agoFeb 2024 | +42.3 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Newark had an average listing age of 29 days in Feb 2025, up by 42.3% compared to the previous year.
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Newest Listings in Newark, DE
What homes are available in Newark, DE?
New - 8 hours on Rocket
$7,124 Closing Credit¹
#DENC2075850, David J O'Donnell, Listing Office: EXP Realty, LLC
New - 17 hours on Rocket
$5,938 Closing Credit¹
#DENC2076658, Daniel Stein, Listing Office: Coldwell Banker Realty
Coming soon
$9,945 Closing Credit¹
#DENC2076696, Michele R Colavecchi Lawless, Listing Office: RE/MAX Associates-Wilmington
New - 2 days on Rocket
$7,944 Closing Credit¹
#DENC2076710, Stephen J Mottola, Listing Office: Compass
New - 3 days on Rocket
$6,531 Closing Credit¹
#DENC2076576, Theresa V Thomas, Listing Office: Long & Foster Real Estate, Inc.
Coming soon
$4,133 Closing Credit¹
#DENC2074906, Dawn A Wilson, Listing Office: Real Broker, LLC
New - 4 days on Rocket
$8,313 Closing Credit¹
#DENC2075294, Brian J Ferreira, Listing Office: BHHS Fox & Roach-Greenville
New - 5 days on Rocket
$2,731 Closing Credit¹
#DENC2076628, Sherry L Lynch, Listing Office: RE/MAX Associates - Newark
New - 5 days on Rocket
$4,928 Closing Credit¹
#DENC2076602, Tineshia R. Johnson, Listing Office: NVR Services, Inc.
New - 5 days on Rocket
$2,730 Closing Credit¹
#DENC2076580, Mark Richa, Listing Office: Cummings & Co. Realtors
New - 5 days on Rocket
$4,453 Closing Credit¹
#DENC2076054, Pamela Kathryn Maciey, Listing Office: RE/MAX Elite
Nearby markets
Popular Cities with Homes for Sale in Delaware
- Homes for sale in Brandywine, DE
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- Homes for sale in Milford, DE
- Homes for sale in Millsboro, DE
- Homes for sale in Milton, DE
- Homes for sale in Newark, DE
- Homes for sale in New Castle, DE
- Homes for sale in Ocean View, DE
- Homes for sale in Piedmont, DE
- Homes for sale in Rehoboth Beach, DE
- Homes for sale in Smyrna, DE
- Homes for sale in Wilmington, DE
MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 03/01/2023 - 03/01/2025
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: 3/2/2025, 4:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.