Lewes, DE Home Values & Market Trends
Real estate market trends reflect that there have been 1,344 transactions over the past year in Lewes. The median value for residential home transactions that occurred over the previous year is $502,681.12. The number of current listings in Lewes is 127, and the percentage of properties for sale in the city is 127.00%. Lewes, DE currently has 5 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 127 properties for sale.
Lewes, DE Real Estate Market Overview
Zip | Median Est. Value |
---|---|
19958 | $ 592,377 $ 260/sqft |
Housing Market Summary for Lewes, DE
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $600K | $557.6K | -7.07% |
Median Sold Price | $561.9K | $557.6K | -0.77% |
Homes For Sale | 81 | 120 | 48.15% |
Homes Sold | 415 | 385 | -7.23% |
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 Lewes, DE
Browse Homes in Lewes, DE
Lewes home values range from $78,047 to $8,826,489. The median estimated value of a home in Lewes is $502,681.12. The median list price of a home is 650,000, and the total count of properties in the city is 21,568.
- Pre-ForeclosurePre-foreclosure homes account for 0.01% of all residential properties in Lewes, DE with 19958 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lewes, DE; of that zips, the estimated home value for pre-foreclosure homes ranges from $495,000 in 19958 to the lowest home value of $474,000 in 19958.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lewes, DE ranges from the highest value of $185,000 in 19958 to the lowest value of $185,000 in 19958. Bank owned homes and properties account for 0.00% of properties in Lewes, DE. There is 1 zips within Lewes, DE; 19958 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions19958 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Lewes, DE. Auction homes and other auction properties account for 0.00% of all properties in Lewes, DE. There is 1 zips within Lewes, DE; of that zips, the median estimated home value for homes going to auction ranges from $0 in 19958 to the lowest value of $0 in 19958.
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Guide for Lewes, DE
Learn how a short sale can stop the foreclosure process.
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