Moving to New Castle: Pros, Cons & What to Know

Moving to New Castle means joining a real, small, historic riverfront city -- Delaware's genuine first colonial capital, founded in 1651.

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Delaware's actual first colonial capital

New Castle genuinely served as the capital of the Delaware colony from roughly a decade after its 1651 founding until that role moved to Dover in 1777.

A well-preserved Historic District

New Castle's Historic District carries more than 600 historic structures spanning four centuries, described by New Castle's own historical society as one of the most well-preserved communities in the United States.

Below-national citywide housing costs

New Castle's citywide average home value (~$286,159) runs below the national median, though the Historic District specifically commands a meaningfully higher price.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.