Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$405,061+1.2% YoY · prices are rising
Market right nowBalanced marketMore homes for sale than last year, 19% have cut their price
Income needed to buy, per year$87,809About 1.0× the local median income ($87,510): a stretch for a typical household
Days on market59 daysAbout the same pace as a year ago
Next 12 months+2.9%Zillow expects prices to rise slightly
The typical home in Delaware is worth $405,061, up 1.2% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $401,913, so the area is 0.8% overvalued. It is a balanced market: homes take about 59 days to sell, listings are up 15% from a year ago, 19% of listings have had a price cut. Zillow expects prices to rise about 2.9% over the next year. A household needs about $87,809 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $87,510. In the latest IRS figures, 7,734 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$405,061
Change in 1 year
+1.2%
Overvalued %
+0.8%
Show 7 more
Fair home value
$401,913
Change in 5 years
+21.5%
Zillow forecast, next 12 months
+2.9%
Home value to income
4.6×
Monthly mortgage payment (20% down)
$2,195
Income needed to afford it
$87,809
Property tax rate
0.50%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,723
Market activity
Listings vs a year ago
+14.8%
Days on market
59
Listings with a price cut
19.0%
Show 3 more
Homes for sale
3,640
Pending sales per 100 listings
44
Asking price per sq ft
$228
People and jobs
Median household income
$87,510
Population change (1 year)
+0.9%
Unemployment rate
5.1%
Show 4 more
Population
1,059,952
Income adjusted for cost of living
$87,685
Net moves in (IRS)
+7,734
Cost of living (US = 100)
99.8
Schools, risk and environment
FEMA hazard risk score (0 to 100)
93.0
Unhealthy air days a year
3
Flood risk score
94.9
Show 3 more
Wildfire risk score
67.7
Walkability (1 to 20)
9.6
Road, rail and air noise
53 dB
Questions people ask
Is Delaware overvalued?
Home prices in Delaware are slightly above what local incomes have historically supported: fair value is about $401,913, so the area is 0.8% overvalued.
Is Delaware a buyer's or seller's market?
Delaware is a balanced market: homes take about 59 days to sell, listings are up 15% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Delaware?
Home values in Delaware are up 1.2% over the last year. Zillow's forecast for the next 12 months is +2.9%.
How much do you need to earn to buy a home in Delaware?
A household needs about $87,809 a year to afford the typical home in Delaware at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $87,510.