Is New Castle, DE 19720 a buyer’s or seller’s market?
New Castle is a seller’s market. With about 1.9 months of supply and 36% 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 76% of U.S. ZIP codes, and #11 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 New Castle housing market right now
In the three months ending August 31, 2026, 36% of homes in New Castle, DE 19720 sold above their list price, the typical home went under contract in 35 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 146 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 51%, homes sold more slowly (29 days then) and the median sale price rose 11% to $334,855. Overall, New Castle is less competitive than a year ago, which gives buyers more room.
Within New Castle County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell less often over asking than in 57%. On our competition score, New Castle ranks #11 of 47 DE ZIP codes with enough sales (score 72 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 19720
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 New Castle nearby
Find towns like New Castle in other states →Where New Castle is
Loading map…
Questions about New Castle real estate
Is New Castle a buyer’s or seller’s market?
A seller’s market: there were 1.9 months of supply in New Castle, DE 19720 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 New Castle?
The typical home went under contract in 35 days in the latest three months.
Do homes in New Castle sell over asking?
36% of homes sold above their original list price, and the typical sale closed at 99.7% of the list price.
What are property taxes in New Castle?
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 New Castle?
The median sale price was $334,855 in the three months ending August 31, 2026, about $203 per square foot.
Local agents
See all agents in 19720 →No sponsored agents in 19720 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 19720
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology