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NEWARK, DE 19702

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The NEWARK, DE real estate market (19702) currently shows 84 active listings, with 39 pending sales. Homes are averaging 37 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are selling faster, averaging 37 days on market compared to 92 days last year.

The median listing price has risen 7.6% year-over-year, from $360,000 to $387,500.

Whether you are buying or selling in NEWARK, DE, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 56,571  ·  Density: 777.6/mi²  ·  Median household income: $90,281

Typical home value: $310,692  ·  Homeownership: 61.4%

Market Overview

Active Listings
84
⇧ 13.5% vs 74 last year
Pending
39
46% pending ratio
Median Price
$387,500
⇧ 7.6% vs $360,000 last year
Average Price
$439,093
⇧ 22.8% vs $357,628 last year
Days on Market
37
⇩ 59.8% vs 92 days last year

Price Per Square Foot

Median $/sqft
$213
⇧ 2.4% vs $208/sqft last year
Median Home Size
1,900 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 84 this year vs 74 last year
  • Days on market: 37 now vs 92 last year

Median & Average Pricing

Year over Year
  • Median: $387,500 (+7.6% YoY)
  • Average: $439,093 (+22.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.1 miles — 783 listings ($429,541,437 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
19702Newark, DE 197020.0 mi82$35,887,956$395,000$437,658
19713Newark, DE 197133.5 mi31$10,772,872$379,900$347,512
19711Newark, DE 197116.4 mi68$38,008,600$514,999$558,950
21921Elkton, MD 219217.0 mi82$36,448,180$387,350$444,490
19808Wilmington, DE 198088.7 mi55$22,556,710$396,950$410,122
19709Middletown, DE 197099.5 mi190$128,066,650$610,000$674,035
21915Chesapeake City, MD 2191510.5 mi17$48,880,950$375,000$2,875,350
19707Hockessin, DE 1970711.5 mi34$21,398,104$649,950$629,356
19801Wilmington, DE 1980112.1 mi65$16,192,280$211,495$249,112
19806Wilmington, DE 1980613.0 mi41$17,952,670$402,475$437,870
19807Wilmington, DE 1980713.6 mi15$23,519,250$1,387,500$1,567,950
19352Lincoln University, PA 1935213.9 mi13$8,038,875$605,000$618,375
19802Wilmington, DE 1980214.1 mi90$21,818,340$229,950$242,426

Frequently Asked Questions

How many homes are for sale in NEWARK, DE 19702?

As of February 2026, there are 84 active listings in NEWARK, DE (zip code 19702), compared to 74 the prior year.

What is the median home price in NEWARK, DE 19702?

The median listing price in NEWARK, DE 19702 is $387,500 as of February 2026, a 7.6% increase from $360,000 the prior year.

How long do homes stay on the market in NEWARK, DE?

Homes in NEWARK, DE 19702 spend an average of 37 days on the market before going under contract, compared to 92 days the prior year.

Is it a seller's or buyer's market in NEWARK, DE 19702?

Based on current inventory and days-on-market data as of February 2026, NEWARK, DE 19702 is currently a Balanced Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are selling faster, averaging 37 days on market compared to 92 days last year.

How much can I save on real estate commission in NEWARK, DE?

With SELL123.com's maximum 3% commission, sellers in NEWARK, DE 19702 save an estimated $7,750 compared to a typical 5% commission on the median listing price of $387,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.