The story of this market
The typical home in ZIP 19702 sells for about $331,200, or $185 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,645 a month.
ZIP 19702 — Newark
The 19702 housing market remains stable with steady demand driven by its suburban location and proximity to major employment hubs. While inventory remains tight, price growth has moderated compared to previous years, reflecting a balanced market environment.
This ZIP is well-suited for families and commuters seeking suburban living with convenient access to major regional employment hubs and educational institutions.
Median prices moved up 4.2% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 7.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 19702, New Castle County DE
Crime rates in the 19702 area are generally considered moderate, with localized variations across the suburban landscape of Newark, Glasgow, and Bear. Regional comparisons suggest it aligns with typical suburban New Castle County trends.
Schools serving the 19702 ZIP code are primarily part of the Christina School District, which provides a range of educational options; performance ratings vary significantly by individual school site.
The area is subject to standard mid-Atlantic weather risks, including occasional heavy rainfall and wind events. Flood risk is localized to specific low-lying areas near regional waterways.
Economic momentum is driven by proximity to the University of Delaware and major regional employment hubs in Newark and Wilmington. Infrastructure development focuses on maintaining suburban connectivity along the Route 40 and I-95 corridors.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Delaware) — Agricultural Lands Preservation and Farmland Assessment Act Exemption: Qualifying land is valued based on its agricultural use productivity capability rather than fair market value, substantially reducing the taxable assessed baseline. State (Delaware) — Senior School Property Tax Credit and Elderly/Disability Exemption Framework: Provides a partial credit/exemption against property taxes. Under the Senior School Property Tax Credit (14 Del. C. § 1919), qualifying seniors receive a tax credit up to 50% of the school property tax up to a statutory dollar cap (e.g., $500 max). At the county level (e.g. State (Delaware) — County Assessment Ratio and Ad Valorem Property Taxation Structure: Delaware levies property taxes at county, municipal, and school district levels (the state itself levies no state-level property tax).
Residents benefit from proximity to I-95 and Route 40, providing direct access to employment centers in Newark, Wilmington, and the broader Philadelphia metropolitan area.
The area features several community parks and green spaces, with proximity to Lums Pond State Park offering extensive outdoor recreation including trails, fishing, and camping.
The rental market is robust due to the area's suburban density and proximity to regional employers, with a mix of apartment complexes and single-family rentals.
The economy is anchored by the University of Delaware, healthcare systems, and logistics/distribution centers along the I-95 corridor.
Development is primarily focused on infill residential projects and commercial expansion along major arterial roads.
Parcels are subject to New Castle County property taxes and various school district levies, primarily within the Christina School District.
Standard property insurance market with typical premiums for the mid-Atlantic region.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Great Wolf Lodge | Perryville417.4 mi
- Plumpton Park Zoo4.514.6 mi
- Sky Zone Trampoline Park4.20.4 mi
- Frightland4.28.4 mi
- Urban Air Trampoline and Adventure Park45.8 mi
- Schaefer's Canal House4.57.1 mi
- Di Paolo's Italian Ristorante4.616.7 mi
- Delaware Stadium4.62.9 mi
- DuPont Country Club4.615.2 mi
- Golden Corral Buffet & Grill4.13.3 mi
- Delaware Park Casino47.2 mi
- Lums Pond State Park4.73.7 mi
- Main Event Newark46.5 mi
- Cinemark Christiana and XD4.56.7 mi
- Milburn Orchards4.64.9 mi
- Winterthur Museum, Garden & Library4.714.7 mi
- Brandywine Museum of Art4.719.1 mi
- Nemours Estate4.814.8 mi
- Rodney Square4.113.8 mi
- Delaware Children's Museum4.612.7 mi
- Lums Pond State Park4.73.7 mi
- New Castle Battery Park4.710.1 mi
- Mt. Cuba Center4.812.7 mi
- Delcastle Recreational Park4.79.7 mi
- White Clay Creek State Park Nature Center4.87.5 mi
- Summit North Marina Inc4.35.6 mi
- Bohemia Bay Yacht Harbour4.812.1 mi
- Skipjack Cove Marina4.319.1 mi
- Craft Haven Campground & Marina4.714.5 mi
- Anchor Marina Inc.4.610.7 mi
- Deerfield4.66.8 mi
- White Clay Creek Country Club4.46.7 mi
- White Clay Creek State Park4.77.9 mi
- Patriots Glen National Golf Club3.83.1 mi
- Ron Jaworski's Back Creek Golf Club3.98.3 mi
- Christiana Mall4.56.5 mi
- New Castle Farmers Market4.48.5 mi
- Newark Farmers Market4.66.7 mi
- Milburn Orchards4.64.9 mi
- Marshalls & HomeGoods4.36.4 mi
- Wilmington Airport4.38.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large state park offering trails, fishing, and camping.
Major regional shopping destination located nearby.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.