Delaware
Home sales varied across the state. See how much here
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Sussex County saw higher home sale prices than the previous month’s median of $455,000, according to newly released data from Realtor.com.
Kent County saw lower home sale prices than the previous month’s median of $429,450, while New Castle County remained at the same home sale prices as the previous month’s median of $350,000.
The median home sold for $459,900 in Sussex, an analysis of data from Realtor.com shows. That means September, the most recent month for which figures are available, was up 1.1% from August. Compared to September 2023, the median home sales price was down 3.2% compared to $475,000.
In Kent County the median home sold for $349,900, an analysis of data from Realtor.com shows. That means September, the most recent month for which figures are available, was down 18.5% from August. Compared to September 2023, the median home sales price was up 16.6% compared to $300,000.
The median home sold for $350,000 in New Castle County, an analysis of data from Realtor.com shows. That means September, the most recent month for which figures are available, was flat to August. Compared to September 2023, the median home sales price was up 13.6% compared to $308,000.
Realtor.com sources sales data from real estate deeds, resulting in a few months’ delay in the data. The statistics don’t include homes currently listed for sale and aren’t directly comparable to listing data.
Information on your local housing market, along with other helpful community data, is available at data.delawareonline.com.
Here is a breakdown of median sale prices:
- Looking only at single-family homes, the $452,500 median selling price in Sussex County was down 0.8% in September from $456,250 the month prior. Since September 2023, the sales price of single-family homes was up 1.1% from a median of $447,500.Thirty-seven single-family homes sold for $1 million or more during the month, compared to 27 recorded transactions of at least $1 million in September 2023.
- Looking only at single-family homes, the $350,000 median selling price in Kent County was down 18.6% in September from $430,000 the month prior. Since September 2023, the sales price of single-family homes was up 13.3% from a median of $309,000.Four single-family homes sold for $1 million or more during the month, compared to five recorded transactions of at least $1 million in September 2023.
- Looking only at single-family homes, the $415,000 median selling price in New Castle County was up 2.5% in September from $405,000 the month prior. Since September 2023, the sales price of single-family homes was up 20.3% from a median of $345,000.Eighteen single-family homes sold for $1 million or more during the month, compared to four recorded transactions of at least $1 million in September 2023.
About recorded home sales in Sussex County in Delaware
In September, the number of recorded sales in Sussex County rose by 31.1% since September 2023 — from 322 to 422. All residential home sales totaled $252.7 million.
Across Delaware, homes sold at a median of $390,000 during September, down 2.5% from $400,000 in August. There were 1,140 recorded sales across the state during September, up 13.6% from 1,004 in September 2023.
About recorded home sales in Kent County in Delaware
In September, the number of recorded sales in Kent County rose by 1% since September 2023 — from 205 to 207. All residential home sales totaled $81.5 million.
Across Delaware, homes sold at a median of $390,000 during September, down 2.5% from $400,000 in August. There were 1,140 recorded sales across the state during September, up 13.6% from 1,004 recorded sales in September 2023.
About recorded home sales in New Castle County in Delaware
In September, the number of recorded sales in New Castle County rose by 7.1% since September 2023 — from 477 to 511. All residential home sales totaled $216 million.
Across Delaware, homes sold at a median of $390,000 during September, down 2.5% from $400,000 in August. There were 1,140 recorded sales across the state during September, up 13.6% from 1,004 recorded sales in September 2023.
Here’s a breakdown for the full state:
- The total value of recorded residential home sales in Delaware decreased by 3.6% from $570.8 million in August to $550.2 million this September.
- Out of all residential home sales in Delaware, 6.05% of homes sold for at least $1 million in September, up from 4.38% in September 2023.
- Sales prices of single-family homes across Delaware decreased by 4.3% from a median of $428,500 in August to $410,000 in September. Since September 2023, the sales price of single-family homes across the state was up 15.5% from $355,000.
- Across the state, the sales price of condominiums and townhomes dropped 3.4% from a median of $335,000 in August to $323,750 during September. The median sales price of condominiums and townhomes is up 6.2% from the median of $305,000 in September 2023.
Realtor.com sources sales data from real estate deeds, resulting in a few months’ delay in the data. The statistics don’t include homes currently listed for sale and aren’t directly comparable to listings data.
Information on your local housing market, along with other useful community data, is available at data.delawareonline.com.
The median home sales price used in this report represents the midway point of all the houses or units listed over the given period of time. The median offers a more accurate view of what’s happening in a market than the average sales price, which would mean taking the sum of all sales prices then dividing by the number of homes sold. The average can be skewed by one, particularly low or high sale.
The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu.