Newark, DE — Momentum Score, Home Values & Best-For

All states·Delaware·Newark

New Castle County · Philadelphia-Camden-Wilmington · population 30,506

Newark, DE
Image: Wikipedia · Newark, Delaware
OverviewCost of livingMoving guide
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67
Rising
Momentum score · 0–100

Where Newark stands

At or near all-time high. rents up 5.4% in the last year.

Median home $363,552
1-year +2.8%
5-yr CAGR +5.0%
vs 5-yr peak -0.0%
Population -0.1%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2026-03$364k$208k$265k$321k$378k201620182020202220242026

Lifestyle scores

🚶
Walkability
32/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
22/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
82/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$2,165/mo$1,446$1,870$2,294202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent127141100120140202220242026

Rent vs buy

Price-to-rent ratio: 14.0
Buy

At a 14.0 price-to-rent ratio, buying generally beats renting in Newark on a long-enough horizon. The headline math is that one year of mortgage payments approximates 14.0 years of rent — well below the 15+ threshold where ownership starts to dominate.

How the momentum score breaks down

methodology →
Home YoY
64 · w22%
Home 5-yr CAGR
65 · w22%
Distance from peak
90 · w18%
Population growth
44 · w16%
Rent YoY
81 · w12%
Home 10-yr CAGR
61 · w10%
Long thesis

Newark has held up across the cycle: home values at $363,552 with +5.0% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Newark's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Newark

Newark is a city in New Castle County, Delaware, with an estimated population of 30,506. It anchors the Philadelphia-Camden-Wilmington metro area. The median home value in Newark is $363,552 as of 2026-04, up 2.8% over the last 12 months. Over the last five years, home values have averaged +5.0% annual growth, with prices at or near the 5-year peak. Rents in Newark average $2,165 per month, up 5.4% year-over-year. The composite momentum score is 67 of 100 (Rising). The market is healthy with prices supported by underlying demand.

▲ Bull case

●Quiet strength: +2.8% over the trailing year — not a melt-up, but the market is bid.
●Held the highs: currently -0.0% from the 5-year peak — this market refused to give back gains.
●Hot rental market: rents up 5.4% YoY — landlords have pricing power, supports new investment math.

▼ Bear case

○Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Newark (Wikipedia)

Newark is a city in New Castle County, Delaware, United States. Home to the University of Delaware, it is located 8 miles (13 km) west-southwest of Wilmington and 28 miles (45 km) southwest of Philadelphia. According to the 2020 census, the town's population is 30,601. It constitutes part of the Delaware Valley, and the Philadelphia metropolitan area.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for New Castle County right now.

NWS active alerts (DE)Delaware Emergency ManagementHow to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. New Castle County routes NWS alerts; check the state EM portal for non-weather emergencies.

Neighborhoods of Newark

110 tracked · ranked by median home value
1Autumnwood$822,259+8.9%
2Bay Pointe$803,058+7.5%
3Hitchens Farm$755,383+8.6%
4Farmington$725,168+2.1%
5Belden$720,866+3.1%
6Estates of Corner Ketch$676,078+7.0%
7Middle Run Crossing$670,204+10.9%
8The Hunt at Louviers$661,559+7.8%
9Hillstream$660,159+7.5%
10Cotswold Hills$653,046+5.3%
11Woods at Louviers$639,062+7.9%
12Beech Hill$639,022+3.7%
13Yorktowne$612,607+2.2%
14Patterson Farm$611,727+7.0%
15Academy Hill$595,588+3.9%
16Christianstead$592,173+3.7%
17Norwegian Woods$584,651+5.2%
18Morningside$584,363+7.8%
19Covered Bridge Farms$580,675+4.4%
20Nonantum Mills$578,879+7.1%
21Beaulieu$573,822+1.1%
22Lamatan$572,408+4.8%
23Calvarese Farms$567,494+3.2%
24Chestnut Valley$563,973+3.9%

See the full neighborhood ranking →

Cities like Newark

Wilmington, DE68 · RisingSmyrna, DE70 · RisingDover, DE68 · RisingElsmere, DE68 · Rising

Run the numbers for Newark

ToolCan I afford Newark?Income → city shortlistToolROI on a Newark rentalCap rate, cash-on-cash, DSCRToolCompare Newark to anywhereSide-by-side up to 3 citiesToolNewark cost-of-livingEquivalent income elsewhere

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
42° / 25°
avg high / low
Summer (Jul)
87° / 68°
avg high / low
Sunny days/yr
205
~56% of year
Annual precip
46″ rain
16″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Moderate
Tornado
Low
Wildfire
Very low
Earthquake
Very low
Flood
High

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the Philadelphia-Camden-Wilmington area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Newark listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local economy & environment

Humidity
70%
Humid climate
Median household income
$79,300
Delaware state median
Top industries (state-level)
Finance/BankingPharmaChemicals

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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