Delaware Affordability
How affordable is Delaware real estate?
Public Record + Census ACS
Median Home Price
$534.9K
Median Household Income
$79,325
Affordability Index
6.74
vs National Avg
-1.2%
Cities in Delaware by Affordability
| # | City | Median Price | Index |
|---|---|---|---|
| 1 | New Castle | $207.3K | 2.61 |
| 2 | Dover | $256K | 3.23 |
| 3 | Bridgeville | $305K | 3.84 |
| 4 | Laurel | $318.9K | 4.02 |
| 5 | Hartly | $322.3K | 4.06 |
| 6 | Smyrna | $339.9K | 4.28 |
| 7 | Wilmington | $346.9K | 4.37 |
| 8 | Seaford | $350K | 4.41 |
| 9 | Newark | $386.5K | 4.87 |
| 10 | Ocean View | $390K | 4.92 |
| 11 | Georgetown | $395K | 4.98 |
| 12 | Clayton | $420K | 5.29 |
| 13 | Bear | $434K | 5.47 |
| 14 | Felton | $437.5K | 5.52 |
| 15 | Millsboro | $463.7K | 5.85 |
| 16 | Dagsboro | $468.5K | 5.91 |
| 17 | Middletown | $480K | 6.05 |
| 18 | Camden Wyoming | $480K | 6.05 |
| 19 | Millville | $500K | 6.30 |
| 20 | Milton | $510.3K | 6.43 |
| 21 | Delmar | $531.3K | 6.70 |
| 22 | Frankford | $569K | 7.17 |
| 23 | Lincoln | $573.9K | 7.23 |
| 24 | Dewey Beach | $600K | 7.56 |
| 25 | Harbeson | $621.3K | 7.83 |
| 26 | Lewes | $684.8K | 8.63 |
| 27 | Rehoboth Beach | $903.2K | 11.39 |
| 28 | Selbyville | $1M | 12.63 |
| 29 | Bethany Beach | $2.07M | 26.08 |
| 30 | Fenwick Island | $2.1M | 26.44 |
Methodology
Affordability index = local median home price ÷ state median household income. A value of 4.0 means homes cost 4x annual income (roughly the historical "rule of thumb" ceiling). Higher values = less affordable.
Income figures: US Census Bureau, ACS 5-year estimates (state level). Sale prices: MarketTimeline public-record SOLD events, last 12 months.