Dagsboro, DE
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Dagsboro Neighborhoods Since 2000




Dagsboro, DE Real Estate Data


Dagsboro Housing Market Information

With 859 people, 355 houses or apartments, and a median cost of homes of $249,636, 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 65.98% of the town's housing units. Other types of housing that are prevalent in Dagsboro include row houses and other attached homes ( 22.53%), mobile homes or trailers ( 5.75%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.68%).

The most prevalent building size and type in Dagsboro are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 58.31% owning and 41.69% renting.

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 ( 20.92%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.17%). There's also some housing in Dagsboro built before 1939 ( 11.72%).

Vacant housing appears to be an issue in Dagsboro. Fully 18.39% 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 -1.03%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Dagsboro's appreciation rate, at 5.06%, has been at or slightly above the national average. In the latest quarter, Dagsboro's appreciation rate has been -0.43%, which annualizes to a rate of -1.69%.

Notably, Dagsboro's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Delaware, our data show that Dagsboro's latest annual appreciation rate is lower than 50% of the other cities and towns in Delaware.

Average Home Values

 

Median Home Value:
$249,636

Dagsboro, DE HOME PRICES

Value Range
> $1,078,000 1.9
$809,001 - $1,078,000 8.5
$539,001 - $809,000 2.1
$432,001 - $539,000 2.0
$323,001 - $432,000 12.4
$216,001 - $323,000 30.7
$108,001 - $216,000 32.8
$54,001 - $108,000 5.4
$0 - $54,000 4.2

High for DE
High for Nation

Value Relative to Nation Value Relative to State
23.2271476254611 32.9545454545455

Number Of Homes And Apartments:
355

Rent & Ownership

 

Average Market Rent:
$1,310 / per month

Homeownership Rate

Homeownership
Owners 58.31
Renters 41.69
Vacant 18.39

Housing Market Details

 

Age of Homes

AGE OF Dagsboro HOMES
2000 or Newer 20.9
1970 - 1999 52.2
1940 - 1969 15.2
1939 or Older 11.7

Types of Homes

TYPE OF Dagsboro HOMES
Single-Family 66.0
Townhomes 22.5
Small Apt. Buildings 3.7
Apt. Complexes 2.1
Mobile Homes 5.7
Other 0.0

Home Size

SIZE OF Dagsboro HOMES
No Bedroom 0.00
1 Bedroom 1.61
2 Bedrooms 28.05
3 Bedrooms 54.48
4 Bedrooms 15.86
5 or more bedrooms 0.00

Dagsboro Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
DE*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
82.56% 3.60% 9 9
* 10 is highest