Comprehensive market data and analysis• Updated Dec 2025
7.8 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 3 | 15 | 28 | 49 |
| 1-2 acres | 1 | 3 | 4 | 7 |
| 2-5 acres | - | 2 | 5 | 13 |
| 5-10 acres | - | 1 | 2 | 9 |
| 10-20 acres | - | 2 | 2 | 5 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | 1 | 1 | 1 | 1 |
| 100+ acres | - | - | 1 | 1 |
| TOTAL | 5 | 24 | 43 | 86 |
Acreage buckets
The median price for land in New Castle County, Delaware is currently $272K per acre. For a typical parcel, the median sale price is $320K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $45K while premium lots reached $884K.
New Castle County, Delaware is currently a balanced market with 7.8 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have decreased 69.8% year-over-year.
New Castle County, Delaware currently has 7.8 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
There are currently 62 active listings in New Castle County, Delaware. 18 new listings have hit the market in the last 90 days. The median asking price is $210K.
Over the past 12 months, New Castle County, Delaware saw 89 properties sold, totaling $50.5M in sales volume. In just the last 3 months, 24 properties changed hands.
The current absorption rate in New Castle County, Delaware is 12.9% (3-month basis), indicating moderate demand. With depreciating values (-69.8% YoY), buyers may find value opportunities. The top-performing broker in this market is Patterson-Schwartz-Middletown.
The 3-month absorption rate in New Castle County, Delaware is 12.9%. The 12-month rate is 12.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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.
