Delaware Home Values & Market Trends
There have been 17,332 properties sold in the Delaware real estate market trends. Median home values in the Delaware housing market are $363,923.7. The median residential home value for transactions over the last 12 months is 281,819.988. The State of Delaware currently has 483 properties in foreclosure, 49 bank owned properties, and 179 headed for auction.
Delaware Real Estate Market Overview
County | Median Est. Value | County | Median Est. Value |
---|---|---|---|
Sussex | $ 500,862 $ 235/sqft | Kent | $ 324,950 $ 185/sqft |
New Castle | $ 330,000 $ 183/sqft |
Housing Market Summary for Delaware
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $374.9K | $365.2K | -2.60% |
Median Sold Price | $335.2K | $365.2K | 8.96% |
Homes For Sale | 857 | 968 | 12.95% |
Homes Sold | 8,481 | 8,795 | 3.70% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Delaware
Browse Homes in Delaware
There are currently 992 properties for sale in Delaware. The current home value ranges in price from 1,050 to 7,100,000. The total count of properties in the state is 401,817, and the percentage of properties for sale is 992.00%.
- Pre-ForeclosurePre-foreclosure homes account for 0.06% of all residential properties in Delaware with New Castle containing 148 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 3 counties within Delaware; of those counties, the estimated home value for pre-foreclosure homes ranges from $614,500 in Kent to the lowest home value of $85,000 in New Castle.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Delaware ranges from the highest value of $405,000 in Sussex to the lowest value of $94,900 in New Castle. Bank owned homes and properties account for 0.01% of properties in Delaware. There are 3 counties within Delaware; New Castle containing 24 REO properties, has the highest number of bank owned properties in a single county.
- AuctionsNew Castle has 114 auction properties, the highest number of properties going to auction in a single county in the state of Delaware. Auction homes and other auction properties account for 0.04% of all properties in Delaware. There are 3 counties within Delaware; of those counties, the median estimated home value for homes going to auction ranges from $762,900 in Kent to the lowest value of $90,000 in Kent.
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More Real Estate Resources for Delaware
Guide for Delaware
A few quick tips to prepare you for selling a luxury home at auction
The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.
Santa Ana’s real estate market thrives with fluctuating median property values and diverse submarkets. Recent trends indicate potential opportunities for investors with varied budgets despite market volatility, enhanced by Santa Ana’s comparatively low foreclosure rates and value-for-money square foot pricing.
The San Bernardino real estate market is experiencing stability and modest growth. Median property values are consistent, while foreclosures, pre-foreclosures, and auctions present unique investment opportunities due high avg values.