I want to... 🏠 Sell my home | 🗝️ Buy a home | 🗺️ Find a new place to live in Delaware
💡 Key Delaware housing market facts
Data Point | Value | Rank | Compared to National Avg |
Typical Home Value | $388,163[1] | #22 of 50 states | 5.4% higher |
Median Listing Price | $499,900[2] | #16 of 50 states | 11.9% higher |
Median Sale Price | $413,000[3] | #23 of 50 states | 2.3% lower |
30 Year Mortgage Rate | 6.85%[4] | #6 of 50 states | 1.8% lower |
Median Days on Market | 53[5] | #28 of 50 states | 3.8% longer |
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🗺️ Buying a house in the Delaware real estate market
Delaware has an affordability score of 6, meaning it takes 6 years of the median household income ($69,110) to afford Delaware's median home sale price ($413,000). Because of this, we rank Delaware as the 23rd most affordable state for buyers based strictly on prices compared to income.
Data Point | Value | Rank | Compared to National Avg |
Median Sale Price | $413,000[6] | #23 of 50 states | 2.3% lower |
30 Year Mortgage Rate | 6.85%[7] | #6 of 50 states | 1.8% lower |
Median Household Income | $69,110[8] | #16 of 50 states | 7.1% higher |
Affordability Ratio | 6.0 | #23 of 50 states | 7.3% lower |
Buyers Agent Commission | 2.55%[9] | #17 of 50 states | 0.5% higher |
Resources for Delaware home buyers
Preparing to buy in Delaware
🗺️ Selling a house in the Delaware real estate market
According to our detailed survey of Delaware real estate agents, listing agents (those representing the seller) charge an average commission in Delaware of 2.75%, which is the 23rd lowest in the United States. Buyers' agents charge an average commission of 2.55%, which is the 17th lowest in the United States.
Data Point | Value | Rank | Compared to National Avg |
Median Listing Price | $499,900[10] | #16 of 50 states | 11.9% higher |
Median Sale Price | $413,000[11] | #23 of 50 states | 2.3% lower |
Median Days on Market | 53[12] | #28 of 50 states | 3.8% longer |
Buyer's Agent Commission | 2.55%[13] | #17 of 50 states | 0.5% higher |
Listing Agent Commission | 2.75%[14] | #23 of 50 states | 1% higher |
Resources for Delaware home sellers
Preparing to sell in Delaware
- 8 Steps to Selling a House in Delaware
- Average Time to Sell a House in Delaware
- When Is the Best Time to Sell a House in Delaware?
Delaware home selling costs and requirements
Moving to Delaware
According to our recent moving trends survey[15], 6% of Americans indicated that they would choose to move to Delaware if money were no object.
Here's how Delaware cities rank in a number of our research studies.
Study | Best Delaware city | Rank |
Best Pizza Cities[16] | No ranking Delaware cities | No ranking Delaware cities |
Best Coffee Cities[17] | No ranking Delaware cities | No ranking Delaware cities |
Best LGBTQ Cities[18] | No ranking Delaware cities | No ranking Delaware cities |
Best Bike Cities[19] | No ranking Delaware cities | No ranking Delaware cities |
Best Commuter Cities[20] | No ranking Delaware cities | No ranking Delaware cities |