Bear, DE
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Bear Neighborhoods Since 2000




Bear, DE Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Bear Housing Market Information

With a population of 19,881, 6,945 total housing units (homes and apartments), and a median house value of $163,146, Bear real estate values are some of the lowest in Delaware, although compared to real estate around the nation, Bear homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Bear, accounting for 36.55% of the town's housing units. Other types of housing that are prevalent in Bear include row houses and other attached homes ( 27.45%), mobile homes or trailers ( 18.25%), and a few large apartment complexes or high rise apartments ( 16.45%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bear. Owner-occupied housing accounts for 67.22% of Bear's homes, and 71.37% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Bear built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Bear built between 2000 and later ( 16.75%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.95%).

Vacant housing appears to be an issue in Bear. Fully 10.39% of the housing stock is classified as vacant. Left unchecked, vacant Bear homes and apartments can be a drag on the real estate market, holding Bear real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Bear Home Appreciation Rates

Bear's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Bear during the period has been just -1.81%, which is lower than 80% of US communities.

Over the last year, Bear appreciation rates have trailed the rest of the nation. In the last twelve months, Bear's appreciation rate has been 1.65%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bear were at 0.08%, which equates to an annual appreciation rate of 0.32%.

Relative to Delaware, our data show that Bear's latest annual appreciation rate is lower than 80% of the other cities and towns in Delaware.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Bear differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Bear - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Bear real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$163,146

Bear, DE HOME PRICES

Value Range
> $1,066,000 0.9
$799,001 - $1,066,000 0.0
$533,001 - $799,000 0.2
$426,001 - $533,000 0.9
$320,001 - $426,000 8.9
$213,001 - $320,000 34.0
$107,001 - $213,000 31.2
$53,001 - $107,000 4.1
$0 - $53,000 19.8

Very Low for DE
Average for Nation

Value Relative to Nation Value Relative to State
44.3982186804172 95.4545454545455

Number Of Homes And Apartments:
6,945

Bear Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
DE*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
36.90% 1.84% 1 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,571 / per month

Homeownership Rate

Homeownership
Owners 67.22
Renters 32.78
Vacant 10.39

Housing Market Details

 

Age of Homes

AGE OF Bear HOMES
2000 or Newer 16.7
1970 - 1999 73.9
1940 - 1969 9.0
1939 or Older 0.4

Types of Homes

TYPE OF Bear HOMES
Single-Family 36.6
Townhomes 27.4
Small Apt. Buildings 1.3
Apt. Complexes 16.5
Mobile Homes 18.2
Other 0.0

Home Size

SIZE OF Bear HOMES
No Bedroom 0.85
1 Bedroom 7.28
2 Bedrooms 20.03
3 Bedrooms 54.25
4 Bedrooms 17.12
5 or more bedrooms 0.48