Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$366,105+1.4% YoY · prices are rising
Market right nowBalanced marketMore homes for sale than last year, 19% have cut their price
Income needed to buy, per year$79,364About 0.9× the local median income ($89,750): affordable for a typical household
Days on market43 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.0%Zillow expects prices to rise slightly
The typical home in New Castle County, DE is worth $366,105, up 1.4% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $350,909, so the area is 4.3% overvalued. It is a balanced market: homes take about 43 days to sell, listings are up 30% from a year ago, 19% of listings have had a price cut. Zillow expects prices to rise about 2.0% over the next year. A household needs about $79,364 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $89,750. Typical rent is $1,863 a month, or $2,243 for a house. In the latest IRS figures, 511 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$366,105
Change in 1 year
+1.4%
Overvalued %
+4.3%
Show 7 more
Fair home value
$350,909
Change in 5 years
+25.7%
Zillow forecast, next 12 months
+2.0%
Home value to income
4.1×
Monthly mortgage payment (20% down)
$1,984
Income needed to afford it
$79,364
Property tax rate
0.71%
Rent and investing
Typical rent
$1,863
Typical rent for houses
$2,243
Price-to-rent ratio
16.4×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,860
Gross rental yield
6.11%
Cap rate (estimate)
3.97%
Market activity
Listings vs a year ago
+30.4%
Days on market
43
Listings with a price cut
19.4%
Show 3 more
Homes for sale
1,094
Pending sales per 100 listings
52
Asking price per sq ft
$208
People and jobs
Median household income
$89,750
Population change (1 year)
+0.3%
Unemployment rate
4.8%
Show 4 more
Population
588,026
Income adjusted for cost of living
$87,476
Net moves in (IRS)
+511
Cost of living (US = 100)
102.6
Schools, risk and environment
School rating (1 to 10)
6.1
FEMA hazard risk score (0 to 100)
95.3
Unhealthy air days a year
4
Show 4 more
Flood risk score
97.6
Wildfire risk score
60.6
Walkability (1 to 20)
11.0
Road, rail and air noise
54 dB
Questions people ask
Is New Castle County, DE overvalued?
Home prices in New Castle County, DE are slightly above what local incomes have historically supported: fair value is about $350,909, so the area is 4.3% overvalued.
Is New Castle County, DE a buyer's or seller's market?
New Castle County, DE is a balanced market: homes take about 43 days to sell, listings are up 30% from a year ago, 19% of listings have had a price cut.
Are home prices going down in New Castle County, DE?
Home values in New Castle County, DE are up 1.4% over the last year. Zillow's forecast for the next 12 months is +2.0%.
How much do you need to earn to buy a home in New Castle County, DE?
A household needs about $79,364 a year to afford the typical home in New Castle County, DE at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $89,750.