Home/Delaware/New Castle County

New Castle County Housing Market

Delaware · 3 counties · Ranked #2750 in home value

Above National Avg

Housing at a Glance

Median Home Value

$329,800

vs national+$329,800 vs $281,900 national

Median Gross Rent

$1,379/mo

vs national+$1,379 vs $1,163 national

Effective Tax Rate

0.74%

vs national0.74% vs 1.02% national

Median Household Income

$89,901

vs national+$89,901 vs $74,755 national

Affordability Ratio

3.7x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

28.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$2,444

Tax as % of Home Value

0.74%

Monthly Owner Cost

$1,479

Renter Income

$55,324

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in New Castle County?

The median home value in New Castle County is $329,800. This is above the national median of $281,900.

How much is rent in New Castle County?

The median gross rent in New Castle County is $1,379 per month.

What is the property tax rate in New Castle County?

The effective property tax rate in New Castle County is 0.74%. The median annual property tax bill is $2,444.

Is New Castle County affordable?

With a home-value-to-income ratio of 3.7x, New Castle County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.