Dagsboro, DE
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Dagsboro Neighborhoods Since 2000




Dagsboro, 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

Dagsboro Housing Market Information

With 859 people, 359 houses or apartments, and a median cost of homes of $233,311, Dagsboro real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Dagsboro, accounting for 68.17% of the town's housing units. Other types of housing that are prevalent in Dagsboro include row houses and other attached homes ( 23.99%), large apartment complexes or high rise apartments ( 3.80%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.56%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Dagsboro. Owner-occupied housing accounts for 73.54% of Dagsboro's homes, and 79.10% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Dagsboro 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 Dagsboro built between 2000 and later ( 28.74%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.86%). There's also some housing in Dagsboro built before 1939 ( 11.40%).

Vacant housing appears to be an issue in Dagsboro. Fully 14.73% of the housing stock is classified as vacant. Left unchecked, vacant Dagsboro homes and apartments can be a drag on the real estate market, holding Dagsboro 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.

Dagsboro Home Appreciation Rates

Dagsboro's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Dagsboro during the period has been just -1.38%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Dagsboro's appreciation rate, at 4.82%, has been at or slightly above the national average. In the latest quarter, Dagsboro's appreciation rate has been -0.31%, which annualizes to a rate of -1.24%.

Relative to Delaware, our data show that Dagsboro's latest annual appreciation rate is higher than 60% of the other cities and towns in Delaware.

Average Home Values

 

Median Home Value:
$233,311

Dagsboro, DE HOME PRICES

Value Range
> $1,106,000 0.0
$829,001 - $1,106,000 7.5
$553,001 - $829,000 3.3
$442,001 - $553,000 0.2
$332,001 - $442,000 9.8
$221,001 - $332,000 31.0
$110,001 - $221,000 39.7
$55,001 - $110,000 6.5
$0 - $55,000 1.9

High for DE
High for Nation

Value Relative to Nation Value Relative to State
25.2402437595219 37.5

Number Of Homes And Apartments:
359

Dagsboro 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
79.49% 3.45% 8 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,160 / per month

Homeownership Rate

Homeownership
Owners 73.54
Renters 26.46
Vacant 14.73

Housing Market Details

 

Age of Homes

AGE OF Dagsboro HOMES
2000 or Newer 28.7
1970 - 1999 43.0
1940 - 1969 16.9
1939 or Older 11.4

Types of Homes

TYPE OF Dagsboro HOMES
Single-Family 68.2
Townhomes 24.0
Small Apt. Buildings 3.6
Apt. Complexes 3.8
Mobile Homes 0.5
Other 0.0

Home Size

SIZE OF Dagsboro HOMES
No Bedroom 0.00
1 Bedroom 2.61
2 Bedrooms 18.29
3 Bedrooms 56.29
4 Bedrooms 22.80
5 or more bedrooms 0.00