Rehoboth Beach, DE is a highly desirable area with a median housing value of $1,213,700, which is significantly higher than the US median of $338,100. The US 1 year house appreciation rate is 8.27%, while Rehoboth Beach has seen a higher appreciation rate of 11.37%. This positive trend in the housing market makes it an attractive place to consider for potential home buyers or investors looking to invest in real estate. The high housing values and increased demand make Rehoboth Beach an excellent place to look for those looking for a profitable real estate investment.
The median home cost in Rehoboth Beach is $1,213,700. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Rehoboth Beach is up 17.3%.
Average Age of Homes
- The median age of Rehoboth Beach real estate is 45 years old
The Rental Market in Rehoboth Beach
- Renters make up 2.6% of the Rehoboth Beach population
- 1.5% of houses and apartments in Rehoboth Beach, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.