Zip 19702 (Newark, DE) Housing

19702 Newark, DE has seen an increase in housing median value since the US median value of $338,100. The current housing median value in 19702 Newark, DE is $300,800 and the one year house appreciation has been 10.15%. This is higher than the US one year house appreciation rate of 8.27%. Residents of this area can be confident that their investments in property have been secure and will continue to appreciate in value over time.

The median home cost in Newark (zip 19702) is $300,800. Home appreciation the last 10 years has been 64.3%. Home Appreciation in Newark (zip 19702) is up 14.0%.

Average Age of Homes

- The median age of Newark (zip 19702) real estate is 25 years old

The Rental Market in Newark (zip 19702)

- Renters make up 32.7% of the Newark (zip 19702) population
- 1.7% of houses and apartments in Newark (zip 19702), 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	Newark, Delaware	United States
	21,562.0	139,647,020.0
	29	42
	$300,800	$338,100
	14.0%	16.6%
	47.6%	57.0%
	64.3%	101.1%
	$8.50	$10.98
	$2,345	$2,690
	57.4%	57.4%
	3.9%	11.2%
	38.7%	31.4%
Vacant Housing
	1.7%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.5%	0.4%
	0.1%	3.6%
	1.3%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	3.0%	2.4%
	0.1%	2.8%
	0.4%	3.9%
	0.5%	4.5%
	6.6%	11.3%
	12.2%	13.0%
	34.6%	20.1%
	30.7%	13.6%
	6.0%	8.3%
	3.8%	9.7%
	0.1%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	18.9%	13.6%
	18.9%	13.6%
	27.2%	13.6%
	19.0%	13.2%
	17.0%	14.8%
	27.2%	13.6%
	2.2%	10.0%
	0.6%	4.7%
	2.1%	12.2%

Reviews for Newark

See all (0)

Write a Review

Start Your Review of Newark

Commute

The premier source for comprehensive city data for over 30 years.