Rehoboth Beach, DE—19971
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rehoboth Beach, DE
As of Oct '25, the median home price in Rehoboth Beach, DE is $836,000, with a year-over-year change of -1.2%. This indicates that home prices in Rehoboth Beach, DE are decreasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $836,000 | -1.2% |
| Single Family | $949,000 | -0.1% |
| Condos | $653,000 | -7.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $486,000 | -3.4% |
3 Bed | $646,000 | -1.4% |
4 Bed | $1,007,000 | 2.2% |
| 5 Bed | $1,854,000 | 4.6% |
% of Housing Stock
Rental Trends — Rehoboth Beach, DE
As of July '25, Rentcast reports the average rent in Rehoboth Beach, DE is $2,540, with a year-over-year rent change of -4.5%. Per bedroom, the median rent as of July '25 in Rehoboth Beach, DE is 1-bedrooms: $2,020, 2-bedrooms: $1,880, 3-bedrooms: $2,920, 4-bedrooms: $3,200. The most common rental property sizes in Rehoboth Beach, DE are 2-bedroom and 3-bedroom, accounting for 42.9% and 24.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,350 | $2,540 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,800 | $2,020 |
| 2 Bed Rent | $1,900 | $1,880 |
| 3 Bed Rent | $2,400 | $2,920 |
| 4 Bed Rent | $2,650 | $3,200 |
% of Rental Stock
Property Listings — Rehoboth Beach, DE
As of Oct '25, Realtor.com reports that the median days on market for a home in Rehoboth Beach, DE is 64. This is a increase of 39.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $808,000 | -12.0% |
Listing Count | 253 | 2.0% |
| Listings as % of Homes | 1.2% | 2.0% |
Days on Market | 64 | 39.0% |
Demographics — Rehoboth Beach, DE
As of the latest ACS Survey released in 2023, Rehoboth Beach, DE has a population of 15,500, which has increased by 17.5% over the past 5 years. Rehoboth Beach, DE is a less popular place for families, as children make up 8.2% of the population. The area has a highly educated workforce, with 54.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,500 | 17.5% |
% Under 18 | 8.2% | -3.5% |
% Seniors | 43.0% | 20.1% |
% WFH | 22.2% | 79.0% |
% w/ College Degree | 54.6% | 6.0% |
As of the latest ACS Survey released in 2023, Rehoboth Beach, DE is a predominantly white area, with 87.6% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Rehoboth Beach, DE is black, making up 4.5% of the population. Foreign-born residents account for 6.2% of the population in Rehoboth Beach, DE, and this percentage has increased by 8.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.6% | -3.4% |
% Black | 4.5% | 21.6% |
% Hispanic | 2.7% | -15.6% |
% Asian | 1.7% | 13.3% |
% Foreign Born | 6.2% | 8.8% |
Mortgage and Risk — Rehoboth Beach, DE
According to HUD data as of 2023, there were 714 mortgage originations in Rehoboth Beach, DE, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Rehoboth Beach, DE. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 714 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 4.0% |
% Second Loans | 39.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Rehoboth Beach, DE
As of 2024, the percent of homes in Rehoboth Beach, DE under the Section 8 program is 0.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Rehoboth Beach, DE, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 57 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$560 | $1,800 | $1,240 |
| 2 Bedroom | -$270 | $1,900 | $1,630 |
| 3 Bedroom | -$340 | $2,400 | $2,060 |
| 4 Bedroom | -$90 | $2,650 | $2,560 |
Affordability — Rehoboth Beach, DE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.9 |
| Median Home Price | $836,000 |
| Median Household Income | $103,000 |