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Affordable
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These days, finding an affordable place to live in the Bear area can be challenging. Home prices in Bear are now at a median cost of $386,284, higher than the Delaware average of $361,617.
The average cost of rent is $1,817/mo in Bear, primarily driven by the current value of real estate in the Bear area. In Bear, 20.49% of households rent, and 26.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bear is $10,059 per month. Households that rent pay about 18.06% of their income on rent here. Bear’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Kirkwood, DE: higher priced homes
- Glasgow, DE: higher priced homes
- Brookside, DE: less expensive homes
- St. Georges, DE: higher priced homes
- Newark, DE: equally priced homes
- Delaware City, DE: less expensive homes
- New Castle, DE: less expensive homes
- Elkton, MD: less expensive homes
- Elk Mills, MD: less expensive homes
- Port Penn, DE: higher priced homes
Cities with Similar Populations
- Navarre, FL: equally priced homes
- Germantown, TN: higher priced homes
- Avon, IN: less expensive homes
- Woonsocket, RI: less expensive homes
- West Bend, WI: less expensive homes
- Shenandoah, LA: less expensive homes
- San Juan Capistrano, CA: higher priced homes
- Prosper, TX: higher priced homes
- Pahrump, NV: less expensive homes
- Oakley, CA: higher priced homes
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