Delaware Real Estate Market: Forecasts + Trends

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By Clever Real Estate Updated February 20, 2023

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Delaware real estate trends

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

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.

Want to save money when you buy or sell your home? With Clever, you'll only pay 1.5% or $3K in listing fees. Eligible buyers get cash back after closing. Find out how much you can save with Clever today!

Selling a home in Delaware

Delaware real estate market forecast for sellers
⏰ Homes are selling 10 days slower than the annual average 💰 Homes are selling for $10,807 less than the annual average
💸 Average listing commission: 2.44% 💸 Average buyer's commission: 2.44%
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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: 1,531 sq ft
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Investing in Delaware real estate

Best of Delaware

Each month, we compare locations in Delaware based on different criteria. This month, we're looking at levels of happiness and ranking the best counties in the state.

Happiest Counties in Delaware
1. New Castle County
2. Sussex County
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Worst of Delaware

Each month, we compare locations in Delaware based on a different criteria. This month we're looking at levels of happiness data. These are the counties that ranked the worst in the state.

Least Happy Counties in Delaware
1. Kent County
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Delaware resources

👋 Next Steps: Talk to an expert

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Frequently asked questions about Delaware real estate

Is it a buyer's or seller's market in Delaware?

It is currently a seller’s market in Delaware, but the market is cooling off. While there aren't a lot of homes on the market, the properties that are are starting to sit for longer and sell for less. However, each city and town in the state is different, so it’s crucial to get the input of a real estate agent to understand the trends in your particular area.

Is Delaware a good state to invest in real estate?

Delaware is a good state to invest in, especially in bigger cities like Wilmington and Dover, where people are always looking for housing. But if you want to make the most out of your investment, you have to first find the best neighborhoods to buy in and then create a detailed plan on how to manage the property you buy. Check out our guide to real estate investing to find out more.

Is it a good time to buy a house in Delaware?

For some buyers, it is a good time to buy a house in Delaware. Although listing prices are a bit higher than normal, the final sales price is often much lower, meaning sellers are willing to accept lower offers. Add that to the low mortgage rates in the state, and could get a great deal. For the best results, you should work with one of the top real estate agents in the state.

Methodology

Clever's analysis of state market trends is based on local data from Zillow, realtor.com, Redfin, Bankrate, 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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