Newark, DE—19702

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$351,000

3.9% YoY Growth

Household Income

$92,300

19.6% YoY Growth

Days on Market

40.0% Shorter YoY

Home Price Forecast

1.8%

Median Rent

$1,900

1.5% YoY Growth

1-Bed Rent

$1,370

8.6% YoY Growth

2-Bed Rent

$1,800

3.4% YoY Growth

3-Bed Rent

$2,180

6.7% YoY Growth

Other Zip Codes in Newark, DE

19717 19713 19711

Home Price Trends — Newark, DE

As of Dec '25, the median home price in Newark, DE is $351,000, with a year-over-year change of 3.9%. This indicates that home prices in Newark, DE are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$351,000	3.9%
Single Family	$357,000	3.5%
Condos	$236,000	3.1%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Type	Median Rent	Average Rent
Average Rent	$1,900	$2,000
Studio Rent	$1,120	$1,120
1 Bed Rent	$1,370	$1,380
2 Bed Rent	$1,800	$1,800
3 Bed Rent	$2,180	$2,240
4 Bed Rent	$2,800	$2,850

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$400,000	7.0%
Listing Count	93	29.0%
Listings as % of Homes	0.2%	29.0%
Days on Market	52	-40.0%

Metric	Latest Census	YoY % Change
Population	56,000	1.6%
% Under 18	22.4%	-8.2%
% Seniors	12.5%	48.8%
% WFH	13.7%	291.4%
% w/ College Degree	39.8%	7.6%

Metric	Latest Census	5-Year % Change
% White	38.3%	-13.9%
% Black	31.4%	5.0%
% Hispanic	13.7%	8.7%
% Asian	12.0%	13.2%
% Foreign Born	22.1%	22.8%

Metric	Zip Code Average
Total Loan Originations	830
% Conventional Loans	75.0%
% Government Loans	25.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	11.0%

Newark, DE—19702

Key Metrics at a Glance

Other Zip Codes in Newark, DE

Home Price Trends — Newark, DE

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Newark, DE

% of Rental Stock

Property Listings — Newark, DE

Demographics — Newark, DE

Race and Ethnicity

Mortgage and Risk — Newark, DE

Mortgages

Rentals and Section 8 — Newark, DE

Section 8 Market Size

Section 8 Opportunity

Affordability — Newark, DE

Home Price to Income Ratio

Newark, DE — ZIP Code Boundary Map

Nearby ZIP Codes

Bear, DE

Newark, DE

Newark, DE

Newark, DE

Saint Georges

Frequently Asked Questions

Total Units under HUD	529
Total Units Section 8	520
% Rentals under Section 8	6.4%
% Occupied Section 8	76.8%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$240	$1,370	$1,610
2 Bedroom	$120	$1,800	$1,920
3 Bedroom	$130	$2,180	$2,310
4 Bedroom	-$170	$2,800	$2,630

Metric	Zip Code Average
Home Price to Income Ratio	3.4
Median Home Price	$351,000
Median Household Income	$92,300

Newark, DE—19702

Key Metrics at a Glance

Other Zip Codes in Newark, DE

Home Price Trends — Newark, DE

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Newark, DE

% of Rental Stock

Property Listings — Newark, DE

Demographics — Newark, DE

Race and Ethnicity

Mortgage and Risk — Newark, DE

Mortgages

Rentals and Section 8 — Newark, DE

Section 8 Market Size

Section 8 Opportunity

Affordability — Newark, DE

Home Price to Income Ratio

Newark, DE — ZIP Code Boundary Map

Nearby ZIP Codes

Bear, DE

Newark, DE

Newark, DE

Newark, DE

Saint Georges

Frequently Asked Questions

What is the average home price in Newark, DE 19702?

How have home prices in Newark, DE 19702 changed over the past year?

What is the home price projection for Newark, DE 19702?

What are the demographics of Newark, DE 19702?

How long does it take homes to sell in Newark, DE 19702?

What is the average rent price in Newark, DE 19702?