Market Summary

Newark, New Castle County, DE

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Median Home Price Price

$351,272 $351.3K

Median Monthly Rent Rent

$1,990 $2K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within New Castle County

Region Price Rent GRM Display
$314,658 $1,488 18.0x
$401,414 $2,181 15.0x
$284,337 $1,830 13.0x
$234,660 $1,928 10.0x
$272,811 $1,675 14.0x
$306,008 $1,696 15.0x
$253,132 $1,899 11.0x

Home prices

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Monthly rent

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GRM

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Similar markets within DE outside of New Castle County

Region Price Rent GRM Display
$390,205 $1,901 17.0x
$386,951 $1,765 18.0x
$326,647 $1,709 16.0x
$387,794 $1,525 21.0x
$404,369 $1,756 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of DE

Region Price Rent GRM Display
$645,441 $2,023 27.0x
$277,268 $1,341 17.0x
$562,300 $2,080 22.0x
$241,061 $1,315 15.0x
$254,624 $1,351 16.0x
$538,762 $1,975 23.0x
$466,188 $1,852 21.0x
$397,128 $2,483 13.0x
$360,335 $1,732 17.0x
$377,795 $2,171 14.0x
$328,078 $1,844 15.0x
$231,554 $1,421 14.0x
$438,820 $2,081 18.0x
$222,024 $1,554 12.0x
$355,083 $1,827 16.0x
$197,046 $1,413 12.0x
$653,209 $1,785 30.0x
$195,155 $1,326 12.0x
$215,772 $1,457 12.0x
$311,410 $1,885 14.0x
$278,368 $1,179 20.0x
$720,745 $2,040 29.0x
$284,670 $1,861 13.0x
$203,885 $1,256 14.0x
$184,603 $1,190 13.0x
$630,970 $1,872 28.0x
$213,122 $1,331 13.0x
$245,518 $1,919 11.0x
$312,136 $1,818 14.0x
$266,820 $1,599 14.0x

Home prices

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Monthly rent

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GRM

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Newark

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Trend Insights

Median Rent in Newark, DE is $1,990, with MoM change +$14 and YoY change +$110 pointing to positive momentum while volatility is low (std $26).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Newark, DE.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Newark, DE
Compare market Select a market
Delta vs base
Median rent
$1,990
N/A
Median price
$351,272
N/A
YoY change
+$110
N/A
Price-to-rent
14.7x
Data unavailable
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