Delaware Real Estate Market in 2021: Forecasts + Trends

Clever Real Estate


Clever Real Estate

September 1st, 2021
Updated September 1st, 2021


Delaware real estate trends

Real estate trends in Delaware | Sellers | Buyers | Investors | The best and worst of Delaware | Delaware resources

Delaware real estate trends (July 2021)

How is the real estate market in Delaware?
🏠 Average home value: $313,018
📈 1.63% home value increase month over month
💰 Median sale price: $267,000
⏳ 68 days on the market
🔑 Homes on the market: 1,710
📆 0.5 months of housing inventory
🏦 30-year mortgage rate: 3.00%
💵 Average income: $68,287
State of the market: B
Despite very low inventory, listing prices have recently declined and time on market is increasing, which suggests that buyers are waiting for more reasonably priced properties.
*Data last updated July 2021

There's more to Delaware than meets the eye. The small mid-Atlantic state contains gentle hills, three state forests, and a beachy coast that attracts visitors from across the nation. In fact, Delaware's beaches welcome more than 10 million visitors in a given year, making tourism one of the state's biggest industries.

Beyond the tourist trade, Delaware is a popular retirement destination with plenty of communities that offer a small town charm. Depending on where you live, Delaware offers highly rated public schools and a relatively affordable cost of living for families, too.

If you're thinking of buying or selling in Delaware, these Delaware housing predictions and stats can help you make an informed decision.

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Selling a home in Delaware

Delaware real estate market forecast for sellers
⏰ Homes are selling 23 days faster than the annual average
💰 Homes are selling for $18,500 more than the annual average
💸 Average listing commission: 2.92%
💸 Average buyer's commission: 2.83%

How to sell a home in Delaware

Cost to sell a home in Delaware

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Buying a home in Delaware

How much home you can buy with $300,000 in...
🏠 Dover: 1,852 sq ft
🏡 : sq ft
🏡 : sq ft
🏠 : sq ft

Investing in Delaware real estate

Best of Delaware

Each month, we compare cities in Delaware based on different criteria. This month, we're looking at affordability and ranking the best cities in the state.

Most Affordable Cities in Delaware
1. Dover
2. Pike Creek
3. Elsmere

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Worst of Delaware

Each month, we compare cities in Delaware based on a different criteria. This month we're looking at affordability data. These are the cities that ranked the worst in the state.

Least Affordable Cities in Delaware
1. Newark
2. Wilmington
3. Smryna

Delaware resources

👋 Next Steps: Talk to an expert!

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Clever's analysis of state market trends is based on local data from Zillow,, Redfin, S&P Global, the U.S. Census, and Clever surveys. Our team of over 20 real estate analysts from across the country research local markets and data to compile our "Best" and "Worst" rankings.

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