Why Live in Eastern Newark
Eastern Newark, located about 15 miles southwest of Wilmington, is a convenient suburb known for its proximity and relatively affordable housing options. The neighborhood features a mix of three- and four-bedroom homes, including ranch styles, colonials, and split-levels, primarily built in the 1950s and 1960s. These homes, ranging from 1,400 to 1,800 square feet, are set on small, green, and well-manicured lots. Residents benefit from lower property taxes, especially those aged 65 and older who have lived in the area for at least 10 years. The Red Clay Consolidated School District, which includes highly rated schools like Forest Oak Elementary School, offers traditional, magnet, and language immersion programs. For private education, Saint Mark’s provides a rigorous academic environment rooted in Catholic tradition. Outdoor enthusiasts can enjoy Eastburn Acres Park, Greenridge Disc Golf Course, and White Clay Creek Country Club, which features an 18-hole championship course. Along Kirkwood Highway, residents have access to a variety of dining options, including Japanese, Italian, and Mexican cuisines, as well as retail stores. For shopping, Christiana Mall is just a 15-minute drive away. Public transportation is available through DART buses and train services in nearby Wilmington, making it easy for residents to commute to Baltimore or Washington. Overall, Eastern Newark combines suburban charm with modern amenities, making it an attractive option for potential homebuyers.
Home Trends in Eastern Newark, DE
On average, homes in Eastern Newark, Newark sell after 47 days on the market compared to the national average of 70 days. The median sale price for homes in Eastern Newark, Newark over the last 12 months is $375,000, down 12% from the median home sale price over the previous 12 months.
Median Sale Price
$375,000
Median Single Family Sale Price
$440,000
Median Townhouse Sale Price
$472,000
Median 2 Bedroom Sale Price
$450,000
Median 1 Bedroom Sale Price
$223,000
Average Price Per Sq Ft
$318
Number of Homes for Sale
22
Last 12 months Home Sales
116
Median List Price
$465,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-12%