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Photo of Delaware real estate

Delaware Real Estate

Real Estate For Sale In Delaware

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Delaware is a popular state for buying real estate

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What You Need To Know About Buying Real Estate in Delaware

With around 70% of residents being homeowners, The value of houses in Delaware have increased by around 7.8% over the last year, with many experts in the industry predicting a further rise over the next 12 months, by as much as 10.5% in some areas. 

Delaware real estate is coming on the radar for real estate investors due to the state’s low cost of living and affordable housing. When you add the fact that Delaware has some of the lowest tax rates as well, you can see why it’s becoming a favorite, not just for investors but also for families, the elderly and the younger generation.

Although Delaware is the second smallest state in the US with just three counties, what it lacks in size it makes up for in other ways. The weather is warm in the summer and mild in the winter due to being close to the sea. The job market is thriving and Delaware’s economy is growing. The countryside and scenery is spectacular; from the highs of the Piedmont to the sandy beaches, there are as many as 17 state parks, too. For families, education in Delaware is wide ranging and good quality and the healthcare system is well-supported. There’s also plenty to do and see in Delaware, making it a great state to raise a family.

 

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Things to See and Do in Delaware

Before you buy land in Delaware, either as an investment or to build a home, or invest in a house to raise a family, it’s a good idea to consider the choice of attractions and activities that help make Delaware a great place to live. As well as some of the cleanest sandy beaches along the coast, like Bethany Beach, Lewes Beach and Rehoboth Beach, and breathtaking hills, scenery and open green spaces, Delaware offers something for everyone to enjoy. The Prime Hook National Wildlife Refuge and Bombay Hook National Wildlife Refuge give you a fascinating look into nature. Try your hand at canoeing on a Wilderness Canoe Trip or for more sedate exercise, wander through the Nassau Valley Vineyards or the Governor Ross Plantation

A Brief History of Delaware

A Brief History of Delaware

A Brief History of Delaware

Swedish settlers arrived in Delaware Valley in 1638 and established a colony and by the latter part of the century, had built Old Swedes Church. Also named Holy Trinity Church, it is one of the oldest houses of worship still in use in the US today. 

 There are more horseshoe crabs in Delaware Bay than anywhere else in the world. Native American Indians caught the crabs for food, and to use as a fertilizer on the land to produce better crops which continued well into the 1960s.

 The counties of the state that’s named after the Delaware River that runs nearby were also established by the European settlers. Extending to around 2,500 square miles, Delaware became an official state of the US in 1787. Industry flourished over the years and during WWII, concrete observation towers were built along the coast to protect Delaware Bay and the coastal towns. Today, eleven towers remain.

 

A Brief History of Delaware

Delaware Demographics

Delaware Demographics

Delaware Demographics

Delaware is home to 1,012,615 people, according to the 2020 census; while it is the second smallest state, it is also the most densely populated with an average of 484 people per square mile. The largest proportion of the population is white (68.76%); there are 22.18% Black/African Americans and 3.87% Asians. The median age in Delaware is 39.6 years and the average individual income is $62,319

Delaware Demographics

New Castle, Delaware

New Castle, Delaware

New Castle, Delaware

If you are buying a house in Delaware, New Castle is the largest of the counties and is home to the assumed capital of the state, Wilmington. There are 559,335 people in New Castle with a median income per household of $68,211 and a median age of 51 years.

New Castle is a popular suburb in Delaware where families and retirees enjoy the calm, peaceful neighborhoods with friendly people nearby. There are a variety of scenic walking or cycling routes.

New Castle, Delaware

Sussex, Delaware

Sussex, Delaware

Sussex, Delaware

The second largest county is Sussex, which is home to 237,378 people, as of the 2020 census. With a mainly white (72.3%) population, the median income per household is $63,162, slightly less than in New Castle, and a median age of 49.6 years.  

Residents of Sussex love the access to beautiful sandy beaches and views over plenty of farmland. Housing in Sussex is affordable, most of which is owned with only around 20% of property in Sussex rented. The county is also home to excellent schools, including highly rated Beacon Middle School and Rehoboth Elementary School.

Sussex, Delaware

Kent, Delaware

Kent, Delaware

Kent, Delaware

The smallest of the three counties in Delaware is Kent with a population of 181,851 people from mainly white (57.6%), black (25.1%) and Hispanic (7.6%) backgrounds. The median income per household in Kent is $60,910 and the median age is 37.7 years.

The least populated of Delaware’s counties, the stunning natural scenery makes it a favorite with its residents. It is affordable to buy land or a house in Kent county, and is home to Bombay Hook National Wildlife Refuge.

Kent, Delaware

Is Investing in Delaware Real Estate the Right Move For You?

Is Investing in Delaware Real Estate the Right Move For You?

Is Investing in Delaware Real Estate the Right Move For You?

Whether you’re a first time house buyer or a serial real estate investor, Delaware is definitely a place to spend on buying a house or purchasing land. The one thing you have to consider as an investor though is that there is low demand for rentals. Most residents of Delaware own their homes. However, invest in the right places, like Rehoboth Beach, which is also popular with tourists and you could be benefiting from healthy returns in the holiday rentals market.

 If you’re looking for a great place to bring up a family or retire, that has a thriving job market, growing economy, affordable housing, low taxes and plenty of things to do and see, you won’t go far wrong in Delaware.

Is Investing in Delaware Real Estate the Right Move For You?

Real Estate in Delaware

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Notable Landmarks In Delaware

Notable Landmarks In Delaware

Delaware Climate Risk

145/500

Wind risk

High risk

115/500

Tornado risk

Medium risk

112/500

Hurricane risk

Medium risk

112/500

Total weather risk

Medium risk

85/500

Air pollution risk

Medium risk

49/500

Hail risk

Low risk

41/500

Earthquake risk

Low risk

Delaware FAQs
Delaware FAQs

Other Real Estate In Delaware

Top Delaware Unreal Estate Agents
Kaiya Botosh

Kaiya Botosh

Jaydon Levin

Jaydon Levin

Martin Lipshutz

Martin Lipshutz

Alfonso Rosser

Alfonso Rosser

View related pages

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