Delaware City is a great place to live for those looking for affordable housing. The median value of a house in Delaware City is $248,500, significantly less than the national median value which is $338,100. In the last year, house appreciation in Delaware City has been 10.15%, slightly more than the US average of 8.27%. This is great news for homeowners who have seen an increase in their property values over the past year. With its relatively low cost of living and strong appreciation rate, Delaware City is an attractive option for those looking to buy a home.
The median home cost in Delaware City is $248,500. Home appreciation the last 10 years has been 64.3%. Home Appreciation in Delaware City is up 14.0%.
Average Age of Homes
- The median age of Delaware City real estate is 59 years old
The Rental Market in Delaware City
- Renters make up 21.2% of the Delaware City population
- 1.3% of houses and apartments in Delaware City, 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.