Photo: Ataraxy22 · CC BY-SA 3.080 homes sold in New Castle in the last year, at a typical $381K
Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where New Castle homes are listed.
Every place New Castle homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to New Castle.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 46% of New Castle’s sales, at a typical $378K
80 homes sold in the year to May 2026.
typical sale · 37 sold in 12 months
- Per square foot
- $233DE $207
- Days to sell
- 58
- Sold over asking
- 41%
- Listings with a price cut
- 23%
Multi-family (2–4 units): 3 sold, typical $417K
Townhouses: 40 sold, typical $360K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at twice the 2016 price
80 sales in the last year, against 116 in 2019 and a low of 83 in 2023. The typical sale went from $185K in 2016 to $381K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $400K buys in New Castle
Check a listing against what New Castle homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in New Castle are more common than before the pandemic, but 59% fewer homes come up for sale
We read every month of New Castle’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 80 sales.
If you’re buying in New Castle
- Shop in March. It brings about 12 new listings a month, close to the busiest month, with fewer bidding wars (20% over asking).
- You can negotiate. 30% of listings have cut their price, against 21% before the pandemic.
- Bid near asking. Buyers paid 99.1% of the list price on average; 34% paid over.
- You’ll usually have time. Only 40% of homes go under contract within two weeks; the typical one takes 51 days.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 14 a month), but June is the most competitive: 29% of June sales close over asking. March offers nearly as much choice with fewer homes bid up (20%). November has the least competition (16%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like Delaware as a whole
| New Castle now | 2017–19 | 2021 peak | DE now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 34% | 16% | 30% | 30% |
| Gone within two weeksShare of homes under contract within 14 days | 40% | 24% | 61% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 30% | 21% | 20% | 26% |
| Price paid vs. askingAverage sale price ÷ list price | 99.1% | 97.3% | 100.5% | 99% |
| Days to sellMedian days from listing to contract | 51 | 74 | 24 | 38 |
17 homes for sale on a typical day
That’s 59% fewer than in 2017–19 and well under 2012’s 68.
1 in 3 listings has cut its price
30% in the last year, against 21% in 2017–19 and 26% across Delaware. More sellers are pricing high and coming down.
New Castle ranks 10th of 18 busy Delaware markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. New Castle is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical New Castle home costs about $2,153 a month
Price: New Castle’s typical sale, last 12 months. Property tax at New Castle’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether New Castle is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 4.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $381K home, about $1,980 a year.
Taxes vs. neighborsSchools
The schools grade for New Castle, from test results, graduation and how much students grow.
Schools in New CastleTypical commute
The average one-way trip to work for people who live in New Castle.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Pennsville Township, Wilmington, Elsmere, Penns Grove and Edgemoor sell for less a square foot
The busier markets within 25 miles of New Castle, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Wilmington | 900 | $231K | $168 | 25% | 44 |
| Pennsville Township | 191 | $264K | $195 | 41% | 44 |
| Edgemoor | 81 | $284K | $169 | 37% | 38 |
| New Castle | 80 | $381K | $227 | 34% | 51 |
| Wilmington Manor | 71 | $310K | $224 | 41% | 20 |
| Elsmere | 71 | $255K | $210 | 35% | 26 |
| Penns Grove | 49 | $208K | $143 | 39% | 74 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to New Castle, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to New Castle. People who follow the town see it, and so do people comparing New Castle with their own town. No commission, no listing fee.
Questions about buying a home in New Castle
What do homes sell for in New Castle, DE?
80 homes sold in the year to May 2026 at a typical $381K, $227 a square foot.
Is New Castle a buyer’s or seller’s market?
A seller’s market: 14 homes were for sale in May 2026 and 12 sold, about 1.2 months of supply. Buyers paid 99.1% of asking on average, and 30% of listings cut their price.
When is the best time to buy in New Castle?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in New Castle?
About 0.5% of a home’s value a year. On a $381K home that’s near $1,980.
Where can I see homes for sale in New Castle?
Zillow, Redfin, Realtor.com and Homes.com all carry New Castle’s MLS listings; the search links above open each one filtered to New Castle.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).