Is Newark, DE 19702 a buyer’s or seller’s market?

The Newark housing market right now

In the three months ending August 31, 2026, 42% of homes in Newark, DE 19702 sold above their list price, the typical home went under contract in 30 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 120 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 51%, homes sold more slowly (22 days then) and the median sale price fell 2% to $399,827. Overall, Newark is less competitive than a year ago, which gives buyers more room.

Within New Castle County, homes here sell faster than in 62% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Newark ranks #5 of 47 DE ZIP codes with enough sales (score 76 out of 100).

Nearby, buyers who want less competition could look at Odessa 19730 (0% sold over asking) or Delaware City 19706 (14% sold over asking), while Saint Georges 19733 (50% sold over asking) and Claymont 19703 (48% sold over asking) are even more competitive.