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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Newark, DE Housing Affordability Index

Newark, Delaware has an MBR Housing Affordability Index score of 89.8 (Moderately Less Affordable) as of October 30, 2026, ranking 52nd most affordable of 59 scored Delaware cities, compared with 103.6 statewide and 97.4 nationally. On a median-priced $382,500 home with 20% down, the Delaware average 30-year fixed rate of 7.37% means a monthly principal and interest payment of about $2,111, or 33% of the city’s $76,912 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Newark is updated every night from live Delaware mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Newark MBR-HAI 89.8 Moderately Less Affordable
Rank in Delaware 52 of 59 1 = most affordable
Delaware 103.6 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.37% Delaware lenders
Median home value $382,500 U.S. Census Bureau

Newark is 13.9 points below the Delaware score. Scores as of October 30, 2026. See the Delaware index

View Newark Mortgage Rates

What It Takes to Buy in Newark

$2,111/mo
Principal & Interest
Median home, 20% down, 7.37%
$90,500
Income Needed
To keep the payment at 28% of income
$76,912
Median Household Income
Delaware: $84,954
5.0x
Price-to-Income Ratio
Delaware: 4.1x
$1,525/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,997/yr
Median Property Tax
0.78% of median value
19.4%
Owner Cost Burden
Owners spending 30%+ of income on housing
59.3%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Newark, Delaware. The rate is the Delaware average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Newark Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Newark, Delaware score: 89.8 (Moderately Less Affordable), ranked 52 of 59 Delaware cities. monitorbankrates.com/housing-affordability-index/delaware/newark”