The housing market in Bear, DE is booming. The median value of homes in the area is $358,300, which is higher than the US median home value of $338,100. Over the past year, the appreciation rate for houses in Bear, DE has been 10.15%, significantly higher than the US average appreciation rate of 8.27%. This is a great sign that the housing market in Bear, DE is thriving and will continue to do so for years to come.
The median home cost in Bear is $358,300. Home appreciation the last 10 years has been 64.3%. Home Appreciation in Bear is up 14.0%.
Average Age of Homes
- The median age of Bear real estate is 24 years old
The Rental Market in Bear
- Renters make up 28.4% of the Bear population
- 2.3% of houses and apartments in Bear, 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.