Is Newark, DE 19711 a buyer’s or seller’s market?
Newark is a seller’s market. With about 2 months of supply and 41% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 79% of U.S. ZIP codes, and #7 of 47 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Newark housing market right now
In the three months ending August 31, 2026, 41% of homes in Newark, DE 19711 sold above their list price, the typical home went under contract in 25 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 115 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 52%, homes sold about as fast and the median sale price rose 13% to $474,545. Overall, Newark is less competitive than a year ago, which gives buyers more room.
Within New Castle County, homes here sell faster than in 86% of the county’s ZIP codes, and sell more often over asking than in 57%. On our competition score, Newark ranks #7 of 47 DE ZIP codes with enough sales (score 75 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.
Run the numbers for 19711
Nearby markets
Bear 19701Seller’s market $206 /sq ftClaymont 19703Seller’s market $223 /sq ftDelaware City 19706Balanced $218 /sq ftHockessin 19707Seller’s market $211 /sq ft Browse all markets →Towns like Newark nearby
Find towns like Newark in other states →Where Newark is
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Questions about Newark real estate
Is Newark a buyer’s or seller’s market?
A seller’s market: there were 2 months of supply in Newark, DE 19711 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Newark?
The typical home went under contract in 25 days in the latest three months.
Do homes in Newark sell over asking?
41% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.
What are property taxes in Newark?
About 0.71% of a home’s value a year in New Castle County, or roughly $2,840 on a $400,000 home.
What is the median home price in Newark?
The median sale price was $474,545 in the three months ending August 31, 2026, about $217 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology