What is the median home price in University-Newark Core, Newark?

The median home price in University-Newark Core is $378,450, down 5% year-over-year. Homes sell in a median of 72 days. The sale-to-list ratio is 100.53%.

How much does it cost to sell a home in University-Newark Core?

On a $378,450 home in University-Newark Core, a traditional agent charges around 3% — about $11,354. With Ridley Essentials ($999) or Ridley Pro ($3,499), you save $7,855 while getting MLS listing and expert support.

How long does it take to sell a home in University-Newark Core?

The median home in University-Newark Core spends 72 days on market. 50% of listings go pending within two weeks. 4 homes sold recently in this neighborhood.

Is University-Newark Core a good neighborhood to sell in right now?

University-Newark Core had 4 homes sell recently at a median of $378,450. Sellers are getting 100.53% of their asking price. 50% of homes sold above list price. Ridley's flat fee means you keep more regardless of market conditions.

National/Delaware/Newark

University-Newark Core · Newark, DE

Is Now a Good Time to Sell in University-Newark Core, Newark?

The median home in University-Newark Core sells for $378,450 with prices down 5% year-over-year. Ridley's flat fee saves you $7,855.

University-Newark Core Real Estate Market Conditions

70out of 100

Ridley Sell Score

How it's scored →

Strong

70/100

Conditions strongly favor sellers — high demand and fast sales.

What this means for sellers

Conditions in University-Newark Core favor sellers right now. Buyer competition is driving prices above asking, and well-priced homes should attract strong interest. Sellers who list now are positioned to sell quickly and close at or above asking price.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Delaware average is 2.4.

Price MomentumFavors buyers

Prices down 5.269086358% year-over-year — vs. +11.9% statewide.

Seller LeverageFavors sellers

Homes selling at 100.53% of asking — sellers are getting 0.5% above list on average. Delaware average is 98.9%.

Bidding ActivityFavors sellers

50% of homes selling above list price — 137% above the Delaware average of 21.1%.

Sale SpeedNeutral

72 median days on market — 7 days slower than the Delaware average.

Market UrgencyFavors sellers

50% of listings go pending within 2 weeks — vs. 32.1% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Delaware average is 19.1%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$378,450

-5%

Days on Market

Price per Sq Ft

$206

Sale-to-List Ratio

100.53%

Homes Sold

Sold Above List

50%

Pending in 2 Weeks

50%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Newark — delivered monthly.

Your savings

How much can you save selling in University-Newark Core?

$0Estimated savings

That's 6 months of groceries — save 2.1% of your home value

Your University-Newark Core home value

$378,450

$50,000$10M

Traditional Agent (3%)

$11,354

Ridley Pro (flat fee)

$3,499

Ready to sell in University-Newark Core?

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Cost comparison

Cost to sell in University-Newark Core

	Traditional Agent	Best valueRidley Pro	Ridley Essentials
Listing fee	$11,354	$3,499	$999
Buyer agent	$10,5972.8% avg	$7,569~2% avg	$7,569~2% avg
Closing costs (~1.5%)	$5,677	$5,677	$5,677
Total cost	$27,628	$16,745	$14,245
You save	—	$7,855	$10,355

Based on the University-Newark Core median home price of $378,450. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in University-Newark Core

A flat fee of $3,499 instead of the typical $11,354 commission — with a dedicated agent at every step.

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using University-Newark Core market data so you list at the right price.

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere University-Newark Core buyers look — plus a custom Ridley listing page with AI chat.