Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Delaware area can be challenging. Home prices in Delaware are now at a median cost of $282,938, lower than the the United States average of $313,691.
The average cost of rent is $1,308/mo in Delaware, primarily driven by the current value of real estate in the Delaware area. While nearly 35.30% of residents own their homes outright in Delaware, 27.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Delaware is $6,734 per month. Households that rent pay about 19.42% of their income on rent here. Delaware's most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the state.
Nearby States
- Maryland: higher priced homes
- District of Columbia: higher priced homes
- New Jersey: higher priced homes
- Pennsylvania: less expensive homes
- Virginia: higher priced homes
- New York: higher priced homes
- Connecticut: higher priced homes
- Rhode Island: higher priced homes
- West Virginia: less expensive homes
- Massachusetts: higher priced homes
States with Similar Populations
- Alaska: less expensive homes
- Hawaii: higher priced homes
- Puerto Rico: less expensive homes
- Arizona: equally priced homes
- Arkansas: less expensive homes
- California: higher priced homes
- Florida: equally priced homes
- Georgia: less expensive homes
- Louisiana: less expensive homes
- North Dakota: less expensive homes
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