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New Castle, Delaware Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
2
Sold (12M)
13
Median Price
$117K
Market Condition
Seller's Market

New Castle, Delaware Market Meter

Buyer'sSeller's
Seller's Market

3.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$117K
Avg Price/Acre
$491K
Avg Days on Market
174
Months of Supply
3.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres22511
1-2 acres---1
2-5 acres----
5-10 acres--11
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL22613
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres11 sold / 0 listed
1-2 acres1 sold / 2 listed
5-10 acres1 sold / 0 listed

Median Price by Acreage

$0$369K$738K
0- 1
1- 2
5- 10

Acreage buckets

Key Market Indicators

Total Sales Volume
$3.2M
Last 12 months
Active Listings
2
Current inventory
Avg Days on Market
174
Time to sell
Price Trend (YoY)
-
Year over year

New Castle, Delaware Land Market Analysis

How much is land worth in New Castle, Delaware?

The median price for land in New Castle, Delaware is currently $491K per acre. For a typical parcel, the median sale price is $117K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $36K while premium lots reached $630K.

Is now a good time to buy land in New Castle, Delaware?

New Castle, Delaware is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.

What is the months of supply for land in New Castle, Delaware?

New Castle, Delaware currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

What is the median land price in New Castle, Delaware?

The median land price in New Castle, Delaware stands at $117K. This translates to roughly $491K per acre for the typical parcel size. The average price is $248K, indicating some higher-priced properties pulling up the average.

How long does it take to sell land in New Castle, Delaware?

Land in New Castle, Delaware typically sells within 174 days of listing. The median time on market is 34 days. Properties are moving slowly in the current seller's market.

Is now a good time to invest in land in New Castle, Delaware?

The current absorption rate in New Castle, Delaware is 33.3% (3-month basis), indicating strong demand. The top-performing broker in this market is RE/MAX Point Realty.

What is the total land for sale in New Castle, Delaware?

There are currently 2 active listings in New Castle, Delaware. The median asking price is $95K.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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