Seaford, 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 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

Seaford, DE Housing Market Trends

With a population of 8,013, 3,044 total housing units (homes and apartments), and a median house value of $231,591, Seaford real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Seaford, accounting for 54.92% of the city's housing units. Other types of housing that are prevalent in Seaford include large apartment complexes or high rise apartments ( 25.90%), duplexes, homes converted to apartments or other small apartment buildings ( 10.29%), and a few row houses and other attached homes ( 7.78%).

People in Seaford primarily live in small (one, two or no bedroom) single-family detached homes. Seaford has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Seaford 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 Seaford built between 1940-1969 ( 35.51%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.77%). There's also some housing in Seaford built before 1939 ( 7.93%).

Seaford Home Appreciation Rates

Seaford's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Seaford during the period has been just 1.98%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Seaford's appreciation rate, at 5.73%, has been at or slightly above the national average. In the latest quarter, Seaford's appreciation rate has been 1.62%, which annualizes to a rate of 6.65%.

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

Relative to Delaware, our data show that Seaford's latest annual appreciation rate is lower than 70% of the other cities and towns in Delaware.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Seaford differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Seaford - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Seaford real estate investment or home purchase decisions.

Average Home Values

 
info

Median Home Value:
$231,591

Seaford, DE HOME PRICES

> $1,192,000
0.3%
0.3%
$894,001 - $1,192,000
0.0%
0.0%
$596,001 - $894,000
0.5%
0.5%
$477,001 - $596,000
1.2%
1.2%
$358,001 - $477,000
3.3%
3.3%
$239,001 - $358,000
36.8%
36.8%
$119,001 - $239,000
50.5%
50.5%
$60,001 - $119,000
6.1%
6.1%
$0 - $60,000
1.2%
1.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Low for DE

Value Relative To Nation

Number Of Homes And Apartments:
3,044

Seaford Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
DE*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
67.55% 2.49%
2
5
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$1,079 / per month

Homeownership Rate

Owners
46.0%
46.0%
Renters
54.0%
54.0%
Vacant
8.9%
8.9%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
19.8%
19.8%
1970 - 1999
36.8%
36.8%
1940 - 1969
35.5%
35.5%
1939 or Older
7.9%
7.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
54.9%
54.9%
Townhomes
7.8%
7.8%
Small Apt. Buildings
10.3%
10.3%
Apt. Complexes
25.9%
25.9%
Mobile Homes
1.1%
1.1%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.2%
1.2%
1 Bedroom
11.2%
11.2%
2 Bedrooms
37.8%
37.8%
3 Bedrooms
37.7%
37.7%
4 Bedrooms
10.0%
10.0%
5 or more bedrooms
2.2%
2.2%
0.0% 100.0%
% OF HOMES