Zip 19720 (New Castle, DE) Housing

The housing market in 19720 New Castle, DE is doing very well. The median value of a home in the area is $249,000 which is lower than the US median of $338,100. Despite this however, the one year appreciation rate for homes in 19720 New Castle is 10.15%, higher than the national rate of 8.27%. This suggests that the real estate market in this area is flourishing and stable. Therefore, if you are looking to purchase or invest in a property here, you can have confidence that your investment will be rewarded with a healthy increase in value over time.

The median home cost in New Castle (zip 19720) is $249,000. Home appreciation the last 10 years has been 64.3%. Home Appreciation in New Castle (zip 19720) is up 14.0%.

Average Age of Homes

- The median age of New Castle (zip 19720) real estate is 48 years old

The Rental Market in New Castle (zip 19720)

- Renters make up 28.1% of the New Castle (zip 19720) population
- 1.3% of houses and apartments in New Castle (zip 19720), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Castle, Delaware	United States
	24,091.0	139,647,020.0
	52	42
	$249,000	$338,100
	14.0%	16.6%
	47.6%	57.0%
	64.3%	101.1%
	$6.87	$10.98
	$1,400	$2,690
	64.0%	57.4%
	5.8%	11.2%
	30.2%	31.4%
Vacant Housing
	1.3%	1.9%
	0.3%	0.4%
	0.6%	0.7%
	0.1%	0.4%
	0.1%	3.6%
	3.4%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	1.0%	2.4%
	0.6%	2.8%
	1.2%	3.9%
	2.7%	4.5%
	13.6%	11.3%
	26.7%	13.0%
	35.6%	20.1%
	11.0%	13.6%
	2.3%	8.3%
	1.2%	9.7%
	0.6%	3.9%
	0.3%	2.2%
	0.1%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.0%	13.6%
	9.0%	13.6%
	12.5%	13.6%
	11.4%	13.2%
	13.4%	14.8%
	12.5%	13.6%
	18.8%	10.0%
	9.6%	4.7%
	6.1%	12.2%

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