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New Castle, DE

Full City Profile · Delaware · New Castle County County

3.6 /5.0
B+ Good
5,519 Population 1,586/sq mi density
$92,565 Median Income $51,328 per capita
$262,100 Home Value $277,230 Zillow
$1,675 Median Rent 21.6% income on rent
56°F Avg Temperature 293 sunny days/yr
378 Violent Crime/100K 4,048 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$92,565 median income, 0.7% unemployment
A+
Affordability
5.0 / 5.0
$262,100 home value, $1,675/mo rent
F
Safety
1.0 / 5.0
378 violent crimes/100K
B+
Education
3.6 / 5.0
32.2% bachelor's degree or higher

Housing Overview

Median Home Value
$262,100
7% below
US avg: $281,900
Median Rent
$1,675/mo
44% above
US avg: $1,163/mo
Homeownership Rate
63.5%
3% below US avg (65.4%)
Total Housing Units
2,923
Median year built: 1967

Home Value by Source

Census Median
$262,100
Zillow (ZHVI)
$277,230
Median Sale Price
$280,000
Median List Price
$289,497
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

63.5%
Owner-Occupied
36.5%
Renter-Occupied
64%
37%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,397/mo
1 Bedroom
$1,520/mo
2 Bedroom
$1,810/mo
3 Bedroom
$2,170/mo
4 Bedroom
$2,423/mo
Census median rent: $1,675/mo · Zillow rent: $1,706/mo

Market Indicators (Redfin)

Median Days on Market
51 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$227
Active Inventory
12
homes for sale

Affordability & Housing Stock

Rent Burden
21.6%
of renters spending 30%+ of income on housing
30% below US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
63.5%

Complete Housing Data

Home Values

Census Median Value$262,100
Zillow Home Value (ZHVI)$277,230
Median Sale Price$280,000
Median List Price$289,497
Price Per Sq Ft$227

Rent

Census Median Rent$1,675
Zillow Rent (ZORI)$1,706
FMR Studio$1,397
FMR 1-Bedroom$1,520
FMR 2-Bedroom$1,810
FMR 3-Bedroom$2,170
FMR 4-Bedroom$2,423

Market

Days on Market51
Sale-to-List Ratio1.0%
Price Drops33.3%
Homes Sold3
Active Inventory12
Price Per Sq Ft$227

Ownership & Stock

Owner-Occupied63.5%
Renter-Occupied36.5%
Homeownership Rate63.5%
Total Housing Units2,923
Median Year Built1967
Rent Burden21.6%