The story of this market
The typical home in ZIP 19711 sells for about $435,000, or $229 per square foot.
Prices are down 3.3% from a year ago, which gives buyers more room to negotiate. Homes take about 30 days to sell. HUD's fair market rent for a two-bedroom is $1,636 a month.
ZIP 19711 — Newark
The 19711 housing market remains competitive, supported by steady demand from the university and regional employment centers. While median prices have seen a slight year-over-year adjustment, the market maintains a healthy pace of sales and consistent rental demand.
This ZIP is well-suited for university-affiliated professionals, families seeking proximity to regional employment hubs, and investors targeting the stable rental demand generated by the local student and faculty population.
Median prices moved down 3.3% year over year.
Homes spend a median of 30 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.3% · poverty 15.4% — a stable, low-distress profile.
ZCTA 19711, New Castle County DE
The area is served by the Christina School District, which maintains a mix of public school ratings; specific school quality varies significantly by neighborhood within the ZIP.
The area faces relatively high natural hazard risks, including winter weather, cold waves, and ice storms, with portions of the ZIP located in FEMA flood zone AE.
Economic momentum is anchored by the University of Delaware and proximity to the Wilmington employment corridor, with ongoing demand for residential housing near these hubs.
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 the Newark train station, providing accessible transit corridors toward Wilmington and Philadelphia.
The area features access to local parks, greenbelts, and the University of Delaware's athletic facilities, with shopping and dining concentrated along the Main Street corridor.
The rental market is robust, driven by university-related demand and a 6.34% gross cap rate on asking rents, with steady year-over-year rent growth.
The economy is heavily influenced by the University of Delaware and the broader Wilmington-Philadelphia regional labor market, with a mix of education, healthcare, and professional services.
The area is served by major highway corridors including I-95 and regional rail services, facilitating commutes to Wilmington and Philadelphia.
Development activity is focused on infill projects and residential expansion near the university and transit nodes.
New Castle County utilizes a periodic assessment system to determine property values for tax purposes.
Parcels are subject to school district taxes, primarily under the Christina School District, along with county and municipal utility assessments.
Property insurance premiums are influenced by the area's flood zone designations and regional exposure to severe winter weather events.
Data retrieved from census.gov and ZCTA-level aggregations.
- Great Wolf Lodge | Perryville419.4 mi
- Plumpton Park Zoo4.513.5 mi
- The Oasis Family Fun Center4.516.5 mi
- Sky Zone Trampoline Park4.27.4 mi
- Frightland4.214.4 mi
- United Sports4.218 mi
- Schaefer's Canal House4.513.7 mi
- Di Paolo's Italian Ristorante4.614.9 mi
- Delaware Stadium4.64.1 mi
- DuPont Country Club4.610.8 mi
- Longwood Gardens4.911.2 mi
- Delaware Park Casino44.4 mi
- Winterthur Museum, Garden & Library4.79.3 mi
- Delaware Memorial Bridge4.412.4 mi
- Lums Pond State Park4.710.6 mi
- Winterthur Museum, Garden & Library4.79.3 mi
- Brandywine Museum of Art4.713.2 mi
- Nemours Estate4.810.8 mi
- Rodney Square4.110.8 mi
- Delaware Children's Museum4.610 mi
- Longwood Gardens4.911.2 mi
- Lums Pond State Park4.710.6 mi
- Brandywine Zoo4.210.8 mi
- Calvert Regional Park4.712.1 mi
- Mt. Cuba Center4.87 mi
- Summit North Marina Inc4.312.2 mi
- Bohemia Bay Yacht Harbour4.818 mi
- Craft Haven Campground & Marina4.718.1 mi
- Anchor Marina Inc.4.613.8 mi
- Triton Marina4.412.5 mi
- Inniscrone Golf Club3.96.8 mi
- Deerfield4.60.2 mi
- White Clay Creek Country Club4.44.5 mi
- Rock Manor Golf Course4.211.6 mi
- White Clay Creek State Park4.71 mi
- Christiana Mall4.56 mi
- New Castle Farmers Market4.48.8 mi
- Concord Mall4.112.9 mi
- Newark Farmers Market4.63.4 mi
- Milburn Orchards4.65 mi
- Philadelphia International Airport3.828.8 mi
- Wilmington Airport4.38.1 mi
- Local Tavern (Terminal F Hub)3.329.3 mi
- Cibo Bistro & Wine Bar3.428.8 mi
- Independence Prime2.828.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major anchor institution providing sports, arts, and research facilities.
Central commercial district with high density of restaurants and retail.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.