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

CountyMedian Est. ValueCountyMedian Est. Value
Sussex

$ 500,862

$ 235/sqft

Kent

$ 324,950

$ 185/sqft

New Castle

$ 330,000

$ 183/sqft

Housing Market Summary for Delaware

Mar 2023February 2024Change
Median Listing Price$374.9K$365.2K-2.60%
Median Sold Price$335.2K$365.2K8.96%
Homes For Sale85796812.95%
Homes Sold8,4818,7953.70%
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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%.

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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%.

Foreclosure
There are 3 counties within Delaware; within these counties, the median estimated home value for homes in foreclosure ranges from $627,100 in New Castle to the lowest value of $85,000 in New Castle. Foreclosure homes account for 0.00% of properties in Delaware with New Castle containing 286 foreclosures, the highest number of foreclosure properties in a single county.
  • Pre-Foreclosure
    Pre-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 Owned
    The 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.
  • Auctions
    New 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.25% of residential properties in Delaware with Sussex containing 550 homes for sale, the highest number of listed properties in a single county. There are 3 counties within Delaware; homes for sale in those counties, have a range of median values from $9,963,352 in Sussex to the lowest value of $52,455 in New Castle.
    Sold Homes
    The median value for recently sold homes ranges from $48,938,046 in Sussex to the lowest price of $27,202 in Sussex. There are 3 counties within Delaware. New Castle has 3987 recently sold homes, the highest number of recently sold properties in a single county. Recently sold homes and properties account for 2.10% of properties in Delaware.

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      Guide for Delaware

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