Bay Vista median real estate price is $378,055, which is more expensive than 90.6% of the neighborhoods in Delaware and 80.2% of the neighborhoods in the U.S.
The average rental price in Bay Vista is currently $1,523, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 77.3% of the neighborhoods in Delaware.
Bay Vista is a suburban neighborhood (based on population density) located in Rehoboth Beach, Delaware. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Bay Vista real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Bay Vista neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Bay Vista. The current real estate vacancy rate here is 50.0%. This is higher than the rate of vacancies in 98.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (44.6%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.