New Castle County, DE Home Values & Market Trends

The median home price in New Castle County, DE is $359,442.76. There were 7,211 home sales in New Castle County, DE over the past 12 months. The median residential New Castle County, DE home value for transactions over the previous year is $255,612.927. The number of current listings in New Castle County, DE is 349, and the percentage of properties for sale is 349.00%. The county has 226 foreclosures, 27 bank owned properties, 67 headed for auction, and 349 properties for sale.

New Castle County, DE Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Wilmington

$ 288,700

$ 181/sqft

Delaware City

$ 198,700

$ 137/sqft

Newark

$ 385,750

$ 190/sqft

Saint Georges

$ --

$ --

New Castle

$ 313,600

$ 177/sqft

Winterthur

$ --

$ --

Bear

$ 441,400

$ 196/sqft

Rockland

$ --

$ --

Middletown

$ 562,150

$ 194/sqft

Odessa

$ --

$ --

Townsend

$ 408,200

$ 196/sqft

Port Penn

$ --

$ --

Claymont

$ 330,600

$ 210/sqft

Yorklyn

$ --

$ --

Hockessin

$ 770,800

$ 237/sqft

Housing Market Summary for New Castle County, DE

Apr 2023March 2024Change
Median Listing Price$316.3K$323.2K2.18%
Median Sold Price$314.3K$323.2K2.85%
Homes For Sale28135727.05%
Homes Sold3,9524,0161.62%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in New Castle County, DE

New Castle County, DE home values range from $19,376 to $6,483,400. Hockessin is the priciest city with a median listing home price of $710,000, and New Castle is most affordable with average house prices of around $265,000.

Foreclosure
There are 15 cities within New Castle County, DE; within these cities, the median estimated home value for homes in foreclosure ranges from $660,200 in Wilmington to the lowest value of $123,900 in Wilmington. Foreclosure homes account for 0.00% of properties in New Castle County, DE with Wilmington containing 95 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.07% of all residential properties in New Castle County, DE with Wilmington containing 61 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 15 cities within New Castle County, DE; of those cities, the estimated home value for pre-foreclosure homes ranges from $506,600 in Hockessin to the lowest home value of $123,900 in Wilmington.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in New Castle County, DE ranges from the highest value of $338,000 in Middletown to the lowest value of $140,000 in Wilmington. Bank owned homes and properties account for 0.01% of properties in New Castle County, DE. There are 15 cities within New Castle County, DE; Wilmington containing 12 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Wilmington has 22 auction properties, the highest number of properties going to auction in a single city in the state of New Castle County, DE. Auction homes and other auction properties account for 0.04% of all properties in New Castle County, DE. There are 15 cities within New Castle County, DE; of those cities, the median estimated home value for homes going to auction ranges from $506,600 in Hockessin to the lowest value of $127,400 in Hockessin.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.19% of residential properties in New Castle County, DE with Wilmington containing 182 homes for sale, the highest number of listed properties in a single city. There are 15 cities within New Castle County, DE; homes for sale in those cities, have a range of median values from $850,100 in Hockessin to the lowest value of $84,987 in Wilmington.
    Sold Homes
    The median value for recently sold homes ranges from $750,300 in Rockland to the lowest price of $37,503 in Rockland. There are 15 cities within New Castle County, DE. Wilmington has 2020 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.22% of properties in New Castle County, DE.

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      Guide for New Castle County, DE

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      A Guide to Foreclosure Financing and Refinancing
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      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

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      Reno’s Real Estate Market Posts Mixed Trends as Property Values Dip but Purchasing Activity Remains High in Early 2024
      Pennsylvania|posted 17 April 2024

      Reno’s real estate market shows shifting trends for property values and average sale prices, with notable discrepancies in listing volumes and properties sold, suggesting a fluid market for potential investors.