Delaware Housing Market Trends

Real-time market data powered by Zillow Research. Last updated: 2026-04-02

Delaware's housing market benefits from its position between Philadelphia and Baltimore, attracting commuters and retirees alike. New Castle County in the north sees the most transaction volume, driven by I-95 corridor employment. The beach communities of Sussex County (Rehoboth, Lewes, Bethany) have seen dramatic appreciation as remote work has allowed more buyers to live year-round in what were once vacation communities. Kent County in the center offers the most affordable options and has attracted first-time buyers priced out of the northern and southern extremes.

By BuyAHomeIn Editorial | Updated 2026-03-02 | Sources: Zillow Research, U.S. Census

Is Now a Good Time to Buy in Delaware?

The Delaware housing market is showing balanced conditions.

home values have grown a moderate 1.7% year-over-year. there are currently 414 homes on the market.

Median Home Value

$396,207

Zillow Home Value Index

Year-over-Year

+1.7%

Home value change

5-Year Change

+30%

Since 2021

Median Rent

$1,689/mo

Zillow Observed Rent Index

Active Listings

414

Homes for sale

Home Value Trends

5-year Zillow Home Value Index (ZHVI) for Delaware vs. national average. ZHVI reflects the typical home value in the 35th-65th percentile range.

Rent Trends

Average rent in Delaware: $1,689/mo (+2% YoY)

Rent vs. Buy Analysis

With a median home value of $396,207 and average rent of $1,689/mo, the price-to-rent ratio in Delaware is 19.5. A ratio of 15-21 means it could go either way — run the numbers.

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