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New Castle

New Castle

Located in New Castle County

$344,220 Average Value
$210 Average Price per Sq Ft
63 Homes For Sale

From colonial roots to New Castle's historic charm and suburban life

Settlers founded New Castle in 1651 and later made it the capital of the Delaware colony about a decade later. Today, New Castle is a small city nestled along the Delaware River with a historic downtown district and a few residential subdivisions and industrial parks around it. "The senators and former governors who live here build 5,000 square-foot homes," says Chris Cashman, a Realtor with Patterson Schwartz Real Estate and a historic district resident. “It’s great for people looking to escape the high taxes of the northeast.”

This statue in New Castle honors William Penn, a prominent historical figure of New England.
This statue in New Castle honors William Penn, a prominent historical figure of New England.
Many businesses are inside old historic buildings in the New Castle neighborhood.
Many businesses are inside old historic buildings in the New Castle neighborhood.
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Historic residences to 1950s ranch-style homes and Colonial Revivals

Outside the old city center, New Castle’s residents live in suburban subdivisions filled with homes built in the 1950s and later. According to data on Homesnap.com, the median home sales price as of March 2023 was $241,000, while the median list price was $428,000. If you can afford a property up to $300,000, you can buy a midcentury Ranch-style home, brick Cape Cods or contemporary Colonial Revival with a driveway or attached garage. If you have an even bigger budget, you could find a stately mansion or well-kept historical residence with a relatively low tax burden.

Colonial homes can be found in the Wilmington Manor Gardens subdivision of New Castle.
Colonial homes can be found in the Wilmington Manor Gardens subdivision of New Castle.
Historical rowhomes can be found throughout the New Castle neighborhood.
Historical rowhomes can be found throughout the New Castle neighborhood.
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Innovative learning and team-driven teaching at local public schools

This community is served by the Colonial School District, which rates a B-minus on Niche. Examples of schools here include C-rated Carrie Downie Elementary and A-rated New Castle Elementary, both of which are known for their team-driven teaching approach, called "the Power of We." Teachers structure their lessons through a non-hierarchical system to provide students with innovative learning pathways, access and opportunity.

Carrie Downie Elementary School serves the New Castle community.
Carrie Downie Elementary School serves the New Castle community.
New Castle Elementary School is A-rated on Niche.
New Castle Elementary School is A-rated on Niche.
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Fishing at New Castle Battery Park or Deemers Beach in New Castle

Residents in the eastern part of the neighborhood tow their kids to play at Rogers Manor Park, an open green space with a playground and athletic facilities largely hidden by a screen of woods around it. The downtown area is also famous for outdoor recreation because of its proximity to the water. At New Castle Battery Park, you can cast a line on the pier or enjoy lunch while appreciating waterfront views. From the park, a secluded trail parallels the river down to Deemers Beach, a rocky strip along the water popular among anglers. "It's great for cycling," Cashman says. "You don't have to cycle on the road and there are lots of areas in the south where it's less populated."

Get together with neighbors for a round of tennis at Battery Park.
Get together with neighbors for a round of tennis at Battery Park.
Cast your line right off the shore at Deemers Beach, a popular fishing spot.
Cast your line right off the shore at Deemers Beach, a popular fishing spot.
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Preserved Colonial culture through local restaurants and annual events

The area’s history is celebrated in various ways. At Jessop's Tavern, servers wearing tri-corner hats and other colonial garb bring out dishes on large paddle-style serving boards. In June, the city celebrates Separation Day with parades, festival events and a fireworks show to recognize when Delaware split from Pennsylvania to declare independence from the British.

A Day in Old New Castle is a time for re-enactors to treat the pubic to colonial-era history.
A Day in Old New Castle is a time for re-enactors to treat the pubic to colonial-era history.
Live music by the water takes place throughout the day at the Separation Day Festival.
Live music by the water takes place throughout the day at the Separation Day Festival.
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Getting to Wimington for work and shopping from New Castle

Wilmington is about six miles upriver, so New Castle residents are a short drive from restaurants, businesses and civic institutions in the state’s largest city. In addition to being the main road leading to the metropolitan hub, US Route 13 is where many of the area’s residents visit supermarkets and big box stores or dine at local restaurants and national franchises.

Bazaar-style farmers markets and 24-hour diners in New Castle

The New Castle Farmers Market is a highway landmark. Its large warehouse and parking lot bazaar are filled on the weekends with vendors selling various goods, including fresh flowers, craft beer, motorcycle saddlebags, contractor tools and vintage watches. Among the local eateries, the Dove Diner is open 24 hours a day and was recently remodeled, bringing a fresh and clean Art Deco style to its walls and fixtures that make the familiar vinyl upholstered booths even more comfortable as you enjoy a stack of pancakes or a patty melt on rye.

New Castle offers a variety of local retail and dining options.
New Castle offers a variety of local retail and dining options.
The New Castle Belgian Beer Fest was a chance to sample many of Belgium's finest brews.
The New Castle Belgian Beer Fest was a chance to sample many of Belgium's finest brews.
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Bill Marrs
Photography Contributed By
Bill Marrs

Interested in learning more about homes in this area? Reach out to Lauri Brockson, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

New Castle Housing Trends

Housing Trends

Median List Price
$315,000
Median Sale Price
$310,000
Median Single Family Sale Price
$315,000
Median Townhouse Sale Price
$306,000
Median 2 Bedroom Sale Price
$180,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
570
Median Home Sale Price YoY Change
5%
Average Price Per Sq Ft
$210

Area Facts

Number of Homes
17,300
Number of Homes for Sale
63
Median Year Built
1963
Months of Supply
1.30
Average Single Family Home Size Sq Ft
1,475
Significantly below the national average
1,929
Average Townhouse Size Sq Ft
1,983
Average 2 Bedroom Size Sq Ft
1,200
Average Studio Size Sq Ft
1,263
Median Lot Size Sq Ft
6,969

Open Houses

  • Saturday, Dec 13

    321 Wildel Ave, New Castle, DE 19720

    $255,000

    • 2 Beds
    • 1 Bath
    • 725 Sq Ft
    • 321 Wildel Ave

    Welcome to 321 Wildel Ave! This beautifully updated 2-bedroom, 1-bath raised ranch is located in the popular Minquadale subdivision and sits on a spacious, partially fenced lot, offering comfort, charm, and convenience all in one package. Step inside to the living room, which includes a cathedral ceiling, updated LVP flooring and opens up to the recently remodeled kitchen. The entire home has

    Agent Photo
    Bobby Carter
    Crown Homes Real Estate
    (302) 665-1422
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  • Sunday, Dec 14
    Open Sun 1PM - 3PM

    44 E Bellamy Dr, New Castle, DE 19720

    $345,000

    • 3 Beds
    • 1.5 Baths
    • 1,600 Sq Ft
    • 44 E Bellamy Dr

    Welcome to 44 E Bellamy Drive in the desirable Stratford community of New Castle — a beautifully renovated split-level brick-front home that combines timeless curb appeal with modern comfort. This 3-bedroom, 1.5-bath residence offers approximately 1,600 sq ft of finished living space, including a flexible lower level for added functionality. Step inside to discover open, light-filled living areas

    Agent Photo
    Jemimah Chuks
    EXP Realty, LLC
    (302) 271-6713
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  • Sunday, Dec 14
    Open Sun 1PM - 3PM

    1049 Matthew Way, New Castle, DE 19720

    $849,900

    • 7 Beds
    • 7 Baths
    • 7,000 Sq Ft
    • 1049 Matthew Way
    • New 17 days ago

    Experience exceptional scale, privacy, and craftsmanship in this impressive 7-bedroom, 7-bath, 7,000-square-foot luxury Toll Brothers residence situated on a quiet cul-de-sac in the prestigious Highpointe community—known for its resort-style amenities including a clubhouse, pool, walking paths, and playground. A grand double staircase welcomes you into an elegant foyer, setting the stage for the

    Maria Ruckle Empower Real Estate, LLC

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

New Castle Has More Owners

Demographics

Total Population
5,725
Median Age
46
Population under 18
19.8%
On par with the national average
23.8%
Population over 65
25%
Above the national average
19.1%

Finances

Median Household Income
$81,001
On par with the national average
$79,601
Average Household Income
$99,330

Education and Workforce

High School Graduates
90.4%
College Graduates
29.7%
On par with the national average
34.1%
Advanced Degrees
16.5%
% Population in Labor Force
70.6%
Above the national average
64.9%

Weather

Annual Precipitation
45''
Average Winter Low Temperature
26°F
Average Summer High Temperature
86°F
Annual Snowfall
11''

Area Factors

Somewhat Bikeable

Bike Score®®

39 / 100

Car-Dependent

Walk Score®®

5 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
New Castle