The Newark housing market is very competitive. Homes in Newark receive 3 offers on average and sell in around 26 days. The median sale price of a home in Newark was $510K last month, up 42.3% since last year. The median sale price per square foot in Newark is $214, down 1.8% since last year.
In April 2025, Newark home prices were up 42.3% compared to last year, selling for a median price of $510K. On average, homes in Newark sell after 26 days on the market compared to 11 days last year. There were 13 homes sold in April this year, down from 14 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$510,000
+42.3% YoY | Apr 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2025
Growth
% YoY
Newark, DE
$510,000
+42.3%
United States
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How hot is the Newark housing market?
Newark is very competitive. Homes sell in 22 days.
0
100
73
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 22 days.
Hot homes
can sell for around list price and go pending in around 4 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Newark housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Newark.
Flood Factor - Major
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Newark has a major risk of flooding. 686 properties in Newark are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Newark. Flood risk is increasing slower than the national average.
14% of properties are at risk of wildfire over the next 30 years
Fire Factor
Newark has a moderate risk of wildfire. There are 1,011 properties in Newark that have some risk of being affected by wildfire over the next 30 years. This represents 14% of all properties in Newark.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Newark has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Newark is most at risk from hurricanes. 7,189 properties in Newark have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 83 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 93 mph.