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Newark, DE
Full City Profile · Delaware · New Castle County County
3.5
/5.0
B+
Good
30,309
Population
3,201/sq mi density
$71,373
Median Income
$33,210 per capita
$357,600
Home Value
$357,902 Zillow
$1,611
Median Rent
51.0% income on rent
56°F
Avg Temperature
293 sunny days/yr
250
Violent Crime/100K
2,085 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$71,373 median income, 3.5% unemployment
B+
Affordability
3.9 / 5.0
$357,600 home value, $1,611/mo rent
F
Safety
1.0 / 5.0
250 violent crimes/100K
A+
Education
5.0 / 5.0
57.5% bachelor's degree or higher
Housing Overview
Median Home Value
$357,600
27% above
US avg: $281,900
Median Rent
$1,611/mo
39% above
US avg: $1,163/mo
Homeownership Rate
50.3%
23% below US avg (65.4%)
Total Housing Units
10,560
Median year built: 1977
Home Value by Source
Census Median
$357,600
Zillow (ZHVI)
$357,902
Median Sale Price
$395,000
Median List Price
$395,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
50.3%
Owner-Occupied
49.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,205/mo
1 Bedroom
$1,250/mo
2 Bedroom
$1,560/mo
3 Bedroom
$1,990/mo
4 Bedroom
$2,293/mo
Census median rent:
$1,611/mo
· Zillow rent:
$2,071/mo
Market Indicators (Redfin)
Median Days on Market
21 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
9
Price Drops
13.6%
of listings with price reduction
Price Per Sq Ft
$207
Active Inventory
22
homes for sale
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
50.3%
Complete Housing Data
Home Values
| Census Median Value | $357,600 |
| Zillow Home Value (ZHVI) | $357,902 |
| Median Sale Price | $395,000 |
| Median List Price | $395,000 |
| Price Per Sq Ft | $207 |
Rent
| Census Median Rent | $1,611 |
| Zillow Rent (ZORI) | $2,071 |
| FMR Studio | $1,205 |
| FMR 1-Bedroom | $1,250 |
| FMR 2-Bedroom | $1,560 |
| FMR 3-Bedroom | $1,990 |
| FMR 4-Bedroom | $2,293 |
Market
| Days on Market | 21 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 13.6% |
| Homes Sold | 9 |
| Active Inventory | 22 |
| Price Per Sq Ft | $207 |
Ownership & Stock
| Owner-Occupied | 50.3% |
| Renter-Occupied | 49.7% |
| Homeownership Rate | 50.3% |
| Total Housing Units | 10,560 |
| Median Year Built | 1977 |
| Rent Burden | 51.0% |