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Newark, DE Housing

 
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As of 2010-2014, median price of a house in Newark is $272,700, which is higher than the state average of $232,900 and is higher than the national average of $175,700. The Newark median house value has grown by 77.89% since 2000. The growth rate for the price of a house in Newark is about the same as the state average rate of 78.60% and is higher than the national average rate of 46.91%. The median year that a house in Newark was built is 1973, which is older than the median year for a house built in the state which is 1982 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 5,334 Owner Occupied Houses in Newark, DE, #18
Newark, DE
272,700 USD
Delaware
232,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #53
Newark, DE
77.89%
Delaware
78.60%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Newark, DEDelawareU.S.
Total Housing Units10,601, see rank, 100%411,250132,741,033
Occupied Housing Units9,691, 91.42%, see rank82.44%87.55%
Owner Occupied5,334, 50.32%, see rank59.05%56.34%
Renter Occupied4,357, 41.10%, see rank23.39%31.21%
Vacant Housing Units910, 8.58%, see rank17.56%12.45%
For Rent525, 4.95%, see rank2.42%2.34%
For Sale Only42, 0.40%, see rank1.50%1.20%
Rented or Sold, Not Occupied97, 0.92%, see rank0.67%0.92%
For Seasonal, Recreational, or Occasional Use45, 0.42%, see rank9.94%3.97%
For Migrant Workers16, 0.15%, see rank0.05%0.03%
Other Vacant185, 1.75%, see rank2.98%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #46
Newark, DEDelawareU.S.
197319821976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Newark, DE%DelawareU.S.
Owner-Occupied Units5,334100%242,86074,787,460
With a Mortgage3,62667.98%, see rank69.48%65.58%
Without a Mortgage1,70832.02%, see rank30.52%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Newark, DE
1,663 USD
Delaware
1,575 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsNewark, DE%DelawareU.S.
$299 or Less160.44%, see rank0.12%0.20%
$300 to $499471.30%, see rank1.43%1.59%
$500 to $6991052.90%, see rank3.50%5.01%
$700 to $99938110.51%, see rank10.60%14.32%
$1,000 to $1,49987624.16%, see rank29.79%27.90%
$1,500 to $1,9991,12330.97%, see rank27.50%20.35%
$2,000 to $2,99980522.20%, see rank21.40%19.52%
$3,000 or More2737.53%, see rank5.68%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Newark, DE
21.60% of the Total Income
Delaware
23.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Newark, DE%DelawareU.S.
10% or Less3469.54%, see rank6.40%5.86%
10% to 20%1,20733.29%, see rank31.95%31.95%
20% to 30%1,15931.96%, see rank27.81%27.64%
30% to 40%41511.45%, see rank13.90%13.74%
40% or More49213.57%, see rank19.37%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Newark, DE
457 USD
Delaware
446 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsNewark, DE%DelawareU.S.
$199 or Less623.63%, see rank5.51%7.76%
$200 to $2991337.79%, see rank16.01%14.70%
$300 to $49979946.78%, see rank38.57%34.63%
$500 to $69948728.51%, see rank22.58%21.16%
$700 or More22713.29%, see rank17.33%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Newark, DE
10.00% of the Total Income
Delaware
11.10% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Newark, DE%DelawareU.S.
10% or Less90152.75%, see rank45.20%40.19%
10% to 20%50729.68%, see rank29.56%31.47%
20% to 30%1468.55%, see rank10.96%12.24%
30% to 40%362.11%, see rank4.99%5.64%
40% or More1086.32%, see rank8.27%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Newark, DEDelawareU.S.
Total Housing Units10,601, 100%411,250132,741,033
1-unit, Detached5,464, 51.54%, see rank58.42%61.65%
1-unit, Attached1,373, 12.95%, see rank14.75%5.82%
2 Units242, 2.28%, see rank1.56%3.75%
3 or 4 Units353, 3.33%, see rank2.43%4.43%
5 to 9 Units544, 5.13%, see rank3.83%4.78%
10 or More Units2,572, 24.26%, see rank9.93%13.08%
Mobile Home, Boat, RV, Van, etc.53, 0.50%, see rank9.07%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Newark, DEDelawareU.S.
Total Housing Units10,601, 100%411,250132,741,033
1 Room94, 0.89%, see rank0.92%1.95%
2 Rooms210, 1.98%, see rank0.90%2.48%
3 Rooms1,297, 12.23%, see rank5.98%9.13%
4 Rooms1,437, 13.56%, see rank12.21%16.60%
5 Rooms1,083, 10.22%, see rank17.24%20.41%
6 Rooms1,595, 15.05%, see rank19.55%18.06%
7 Rooms1,480, 13.96%, see rank15.55%12.27%
8 Rooms1,571, 14.82%, see rank11.93%8.48%
9 Rooms or More1,834, 17.30%, see rank15.72%10.60%
Median Rooms6.20, see rank6.205.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Newark, DEDelawareU.S.
Total Housing Units10,601, 100%411,250132,741,033
No Bedroom110, 1.04%, see rank1.08%2.17%
1 Bedroom1,652, 15.58%, see rank7.14%11.16%
2 Bedrooms1,874, 17.68%, see rank21.21%26.69%
3 Bedrooms2,910, 27.45%, see rank44.61%39.70%
4 Bedrooms3,475, 32.78%, see rank21.78%16.05%
5 or More Bedrooms580, 5.47%, see rank4.18%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Newark, DEDelawareU.S.
Total Housing Units9,691, 100%339,046116,211,092
Utility Gas5,606, 57.85%, see rank40.46%48.85%
Bottled, Tank, or LP Gas232, 2.39%, see rank10.27%4.86%
Electricity2,868, 29.59%, see rank31.91%36.68%
Fuel Oil, Kerosene, etc.910, 9.39%, see rank15.26%5.86%
Coal or Coke0, 0.00%, see rank0.11%0.12%
Wood39, 0.40%, see rank0.98%2.12%
Solar Energy0, 0.00%, see rank0.04%0.05%
Other Fuel9, 0.09%, see rank0.63%0.47%
No Fuel Used27, 0.28%, see rank0.34%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalNewark, DEDelawareU.S.
Occupied Units Paying Rent4,291, 100%91,43839,201,928
$199 or Less62, 1.44%, see rank1.57%1.50%
$200 to $299122, 2.84%, see rank2.87%3.18%
$300 to $499137, 3.19%, see rank5.26%7.37%
$500 to $699360, 8.39%, see rank8.25%16.01%
$700 to $9991,356, 31.60%, see rank30.91%29.17%
$1,000 to $1,4991,406, 32.77%, see rank37.49%26.88%
$1,500 to $1,999430, 10.02%, see rank10.79%9.79%
$2,000 or More418, 9.74%, see rank2.85%6.10%
Median$1,030, see rank$1,012$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Newark, DEDelawareU.S.
Occupied Housing Units9,691, 100%339,046116,211,092
No Vehicles Available885, 9.13%, see rank6.44%9.12%
1 Vehicles Available3,274, 33.78%, see rank33.97%33.80%
2 Vehicles Available3,548, 36.61%, see rank39.98%37.48%
3 or More Vehicles Available1,984, 20.47%, see rank19.61%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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