Why Live in New Castle
New Castle, situated along the Delaware River, offers a blend of historic charm and suburban living. The neighborhood features a historic downtown district and residential subdivisions with homes built from the 1950s onward. Housing options include midcentury Ranch-style homes, brick Cape Cods, and contemporary Colonial Revivals, with larger budgets allowing for stately mansions and well-preserved historical residences. The area is known for its relatively low tax burden, attracting residents seeking to escape higher taxes in the northeast. The Colonial School District, including Carrie Downie Elementary and New Castle Elementary, is recognized for its innovative, team-driven teaching approach. For outdoor attractions, residents enjoy Rogers Manor Park's playground and athletic facilities, as well as New Castle Battery Park's waterfront views and fishing pier. A secluded trail from the park leads to Deemers Beach, popular for cycling and fishing. The neighborhood's rich history is celebrated at Jessop's Tavern and during the annual Separation Day festivities. Wilmington, just six miles away, provides additional dining, shopping, and civic amenities. US Route 13 is a key thoroughfare for accessing supermarkets, big box stores, and local eateries like the 24-hour Dove Diner, which features a fresh Art Deco style. The New Castle Farmers Market is a weekend highlight, offering a variety of goods from fresh flowers to vintage watches. Overall, New Castle combines historical significance with practical suburban conveniences.
Home Trends in New Castle, DE
On average, homes in New Castle, DE sell after 25 days on the market compared to the national average of 50 days. The median sale price for homes in New Castle, DE over the last 12 months is $305,000, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$305,000
Median Single Family Sale Price
$315,000
Median Townhouse Sale Price
$185,000
Median 2 Bedroom Sale Price
$180,000
Median 1 Bedroom Sale Price
$166,450
Average Price Per Sq Ft
$209
Number of Homes for Sale
63
Last 12 months Home Sales
514
Median List Price
$312,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%