Why Live in Newport
Newport, DE, located along Interstate 95 about four miles upriver from Wilmington, is a small town that has evolved into a suburb of Delaware’s largest city. Established by European settlers in the 1700s, Newport became a commercial and industrial hub due to its access to Christina River trade routes and Pennsylvania’s fertile farm valleys. Today, an industrial zone with a chemical factory and warehouses sits along the river, while the residential section lies to the north, divided by state Highway 141. The town features sidewalks that encourage pedestrians to explore local businesses along West Market Street, the commercial corridor. Residents have access to local stores, grocery options, and a movie theater, with easy access to Highway 141 and Interstates 95 and 295. Housing in Newport includes Cape Cod, Colonial Revival, and ranch-style homes built in the early 1900s, with values ranging from $100,000 to $350,000. Popular local spots include James Street Tavern, Dom’s NY Style Pizzeria, and Los Claveles Bakery. The Red Clay Consolidated School District serves the area, with Richey Elementary School and John Dickinson School both receiving high ratings. For things to do, Ella Johnson Park offers a paved trail and fitness equipment stations, while Newport Skatepark features wooden ramps and quarter pipes. Banning Regional Park provides facilities for soccer, baseball, and tennis. Multiple bus stops along West Justis Street and East Newport Pike offer convenient transportation, and Downtown Wilmington is just six miles northeast of Newport.
Frequently Asked Questions
What is the average home price in Newport, DE?
Homes for sale in Newport, DE have an average home price of $308,081.
How many homes have sold over the last 12 months in Newport, DE?
11 homes have sold in Newport, DE over the last 12 months.
What are the most popular zip codes in Newport, DE?
How much do you need to make to afford a house in Newport?
The median home price in Newport is $318,000. If you put a 20% down payment of $63,600 and had a 30-year fixed mortgage with an interest rate of 6.75%, your estimated principal and interest payment would be $1,650 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $71K a year to afford the median home price in Newport.
How are the schools in Newport, DE?
Home Trends in Newport, DE
On average, homes in Newport, DE sell after 12 days on the market compared to the national average of 51 days. The median sale price for homes in Newport, DE over the last 12 months is $318,000, up 21% from the median home sale price over the previous 12 months.
Median Sale Price
$318,000
Median Single Family Sale Price
$313,000
Average Price Per Sq Ft
$224
Last 12 months Home Sales
11
Median List Price
$318,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
21%