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Newark Home Values and Market Report

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Report prepared by Trinityvirginia.com Ascendancy Homes

Market at a glance

Over the last 12 months, homes sold for 98.9% of list price in 25 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $421K Sold · $417K
$650K$560K$470K$380K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 128 sales in May. Last month: 97.

Where the market stands

All homes in this report, by status.

1,445homes
Active193 · 13%
Under contract110 · 8%
Sold (12 mo)1,142 · 79%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

1.7months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$433K
Under contract$411K
Sold$432K

Average days on market

Active50 days
Under contract61 days
Sold25 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 193
Average list price $433,169
Avg. days on market 50 days Based on 189 of 193 homes
Avg. price per ft² $227 Based on 173 of 193 homes
Avg. living area 2,034 ft² Based on 173 of 193 homes
Avg. beds / baths 3.4 / 2.5

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

20 homes didn’t report living area and aren’t shown.

1 home is larger or pricier than this chart’s scale and isn’t shown.

$900K$600K$300K$0

Price vs. living area: 172 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

4 homes didn’t report days on market and aren’t shown.

Bedroom mix

Number of homes by bedroom count.

16 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

61 Kennard Dr$577
68 Ray St$577
5 Terry Ln$442
67 Kennard Dr$442
64 Kennard Dr$442
69 Kennard Dr$433
354 Old Baltimore Pike$414

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
725 Swarthmore DrNewark, DE 19711 331,825$369,900$2022 days
24 Worral CtNewark, DE 19711 432,092$425,000$203—
5 Millbrook RdNewark, DE 19713 421,350$354,900$26215 days
21 Cordele RdNewark, DE 19711 431,700$379,999$2232 days
1 Iris Court, Unit 258Newark, DE 19713 21800$11,999$144 days
682 Churchmans RdNewark, DE 19702 422,400$449,900$1874 days
24 Timber Creek LnNewark, DE 19711 432,325$420,000$180—
144 Hawk DrNewark, DE 19702 321,825$240,000$1314 days
5 Lute CtNewark, DE 19713 21925$345,000$3724 days
117 Bartley DrNewark, DE 19702 432,160$529,900$2455 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Trinityvirginia.com Ascendancy Homes

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