Delaware
REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS






Delaware Real Estate Market & Appreciation

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 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$276,197

Number Of Homes And Apartments:
363,322

Delaware Home Prices

> $1,155,661
1.2%
1.2%
$866,997 - $1,155,661
1.2%
1.2%
$578,331 - $866,996
4.3%
4.3%
$462,506 - $578,330
7.7%
7.7%
$346,680 - $462,505
17.2%
17.2%
$230,855 - $346,679
31.2%
31.2%
$115,566 - $230,854
27.7%
27.7%
$57,722 - $115,565
5.1%
5.1%
$0 - $57,721
4.5%
4.5%
0.0% 100.0%
% OF HOMES

Delaware Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2020 Q3 - 2020 Q4
1.60% 6.56%
2
Last 12 Months:
2019 Q4 - 2020 Q4
5.98% 5.98%
6
Last 2 Years:
2018 Q4 - 2020 Q4
10.48% 5.11%
4
Last 5 Years:
2015 Q4 - 2020 Q4
19.73% 3.67%
3
Last 10 Years:
2010 Q4 - 2020 Q4
18.25% 1.69%
1
Since 2000:
2000 Q1 - 2020 Q4
95.20% 3.28%
5
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,512 / per month

Homeownership Rate

Owners
69.4%
69.4%
Renters
30.6%
30.6%
Vacant
16.1%
16.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
26.2%
26.2%
1970 - 1999
40.5%
40.5%
1940 - 1969
25.0%
25.0%
1939 or Older
8.3%
8.3%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
59.0%
59.0%
Townhomes
15.6%
15.6%
Small Apt. Buildings
3.7%
3.7%
Apt. Complexes
13.7%
13.7%
Mobile Homes
7.9%
7.9%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.2%
1.2%
1 Bedroom
6.6%
6.6%
2 Bedrooms
19.7%
19.7%
3 Bedrooms
45.7%
45.7%
4 Bedrooms
22.0%
22.0%
5 or more bedrooms
4.7%
4.7%
0.0% 100.0%
% OF HOMES