menu
Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Frederica, DE Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Frederica, DE Housing Market Trends

With a population of 1,100, 346 total housing units (homes and apartments), and a median house value of $427,081, Frederica real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Frederica, accounting for 86.22% of the town's housing units. Other types of housing that are prevalent in Frederica include duplexes, homes converted to apartments or other small apartment buildings ( 9.44%), row houses and other attached homes ( 2.30%), and a few mobile homes or trailers ( 2.04%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Frederica. Owner-occupied housing accounts for 78.32% of Frederica's homes, and 62.76% have either three or four bedrooms, which is average sized relative to America.

Frederica homes and real estate are some of the newest in America. 41.33% of Frederica's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Frederica real estate market has to offer. Quite a bit of the housing here was also built before 1939 ( 25.00%), and between 1940-1969 ( 19.64%). There's also some housing in Frederica built between 1970-1999 ( 14.03%).

Vacant housing appears to be an issue in Frederica. Fully 11.73% of the housing stock is classified as vacant. Left unchecked, vacant Frederica homes and apartments can be a drag on the real estate market, holding Frederica 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.

Frederica Home Appreciation Rates

Appreciation rates for homes in Frederica have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 88.72%, which ranks in the top 50% nationwide. This equates to an annual average Frederica house appreciation rate of 6.56%.

Over the last year, Frederica appreciation rates have trailed the rest of the nation. In the last twelve months, Frederica's appreciation rate has been 2.76%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Frederica were at 1.71%, which equates to an annual appreciation rate of 7.02%.

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

Average Home Values

Median Home Value

$427,081

Frederica, DE Home Prices
> $1,358,000
$1,018,001 - $1,358,000
$679,001 - $1,018,000
$543,001 - $679,000
$408,001 - $543,000
$271,001 - $408,000
$136,001 - $271,000
$68,001 - $136,000
$0 - $68,000
1.2%
1.2%
1.9%
1.9%
5.5%
5.5%
12.4%
12.4%
31.1%
31.1%
34.5%
34.5%
11.3%
11.3%
0.4%
0.4%
1.6%
1.6%
0% 100.0%
% of Homes
High

for Delaware

High

for nation

Number of Homes And Apartments:

346

Frederica Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,346 / per month

Homeownership Rate

Owners
Renters
78.3%
78.3%
21.7%
21.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
11.7%
11.7%
88.3%
88.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
41.3%
41.3%
14.0%
14.0%
19.6%
19.6%
25.0%
25.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
86.2%
86.2%
2.3%
2.3%
9.4%
9.4%
0.0%
0.0%
2.0%
2.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
3.6%
3.6%
25.3%
25.3%
51.0%
51.0%
11.7%
11.7%
8.4%
8.4%
0% 100.0%
% of Homes

Popular Neighborhoods in Frederica

Zip Codes in Frederica, DE