Lewes, DE is a beautiful town along the Delaware coast known for its beach resorts and quaint downtown. The median housing value in Lewes is $681,500, which is much higher than the national median of $338,100. Additionally, the one year appreciation rate in Lewes is 11.37%, almost three percent higher than the national average of 8.27%. This suggests that real estate values are continuing to rise and investing in property in Lewes could be a wise decision.
The median home cost in Lewes is $681,500. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Lewes is up 17.3%.
Average Age of Homes
- The median age of Lewes real estate is 26 years old
The Rental Market in Lewes
- Renters make up 10.9% of the Lewes population
- 0.0% of houses and apartments in Lewes, 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.