Housing in Delaware, SD is significantly more expensive than the national average. The median value of a house in Delaware, SD is $473,000 while the US House Median Value is $338,100. In addition to this, the appreciation rate for housing in Delaware, SD has been much higher than the national average over the past year; it rose 12.74%, while nationally it was 8.27%. This shows that housing prices in Delaware, SD are increasing at a faster rate than anywhere else and could be seen as a potential investment opportunity.
The median home cost in Delaware is $473,000. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Delaware is up 18.1%.
Average Age of Homes
- The median age of Delaware real estate is 62 years old
The Rental Market in Delaware
- Renters make up 0.0% of the Delaware population
- 0.0% of houses and apartments in Delaware, 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.