The Shoals, DE—19944
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — The Shoals, DE
As of Oct '25, the median home price in The Shoals, DE is $1,155,000, with a year-over-year change of -4.1%. This indicates that home prices in The Shoals, DE are decreasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,155,000 | -4.1% |
| Single Family | $1,451,000 | -6.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $1,046,000 | 0.3% |
4 Bed | $1,397,000 | 1.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — The Shoals, DE
The Shoals, DE lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — The Shoals, DE
As of Oct '25, Realtor.com reports that the median days on market for a home in The Shoals, DE is 86. This is a increase of 20.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,330,000 | -26.0% |
Listing Count | 13 | -27.0% |
| Listings as % of Homes | 0.5% | -27.0% |
Days on Market | 86 | 20.0% |
Demographics — The Shoals, DE
As of the latest ACS Survey released in 2023, The Shoals, DE has a population of 652, which has remained stable by 0.8% over the past 5 years. The Shoals, DE is a less popular place for families, as children make up 1.4% of the population. The area has a highly educated workforce, with 50.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 652 | 0.8% |
% Under 18 | 1.4% | -71.4% |
% Seniors | 64.6% | 19.0% |
% WFH | 20.2% | 68.3% |
% w/ College Degree | 50.2% | -2.1% |
As of the latest ACS Survey released in 2023, The Shoals, DE is a predominantly white area, with 88.2% of the population identifying as white. The white population has shrunk by 9.4% in the last 5 years. The second most common race or ethnicity in The Shoals, DE is hispanic, making up 0.6% of the population. Foreign-born residents account for 0.3% of the population in The Shoals, DE, and this percentage has decreased by 90.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.2% | -9.4% |
% Black | 0.0% | N/A |
% Hispanic | 0.6% | ∞% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.3% | -90.6% |
Mortgage and Risk — The Shoals, DE
According to HUD data as of 2023, there were 35 mortgage originations in The Shoals, DE, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in The Shoals, DE. Investor activity is low, as 6.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 35 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 6.0% |
% Second Loans | 77.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — The Shoals, DE
The Shoals, DE lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,210 |
| 2 Bedroom | N/A | N/A | $1,560 |
| 3 Bedroom | N/A | N/A | $1,990 |
| 4 Bedroom | N/A | N/A | $2,450 |
Affordability — The Shoals, DE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 11.5 |
| Median Home Price | $1,155,000 |
| Median Household Income | $103,000 |