Selbyville, DE—19975
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Selbyville, DE
As of Oct '25, the median home price in Selbyville, DE is $533,000, with a year-over-year change of -2.1%. This indicates that home prices in Selbyville, DE are decreasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $533,000 | -2.1% |
| Single Family | $548,000 | -1.8% |
| Condos | $460,000 | -7.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $350,000 | -4.9% |
3 Bed | $517,000 | -1.5% |
4 Bed | $650,000 | -0.5% |
| 5 Bed | $949,000 | -1.7% |
% of Housing Stock
Rental Trends — Selbyville, DE
As of July '25, Rentcast reports the average rent in Selbyville, DE is $2,570, with a year-over-year rent change of 24.2%. Per bedroom, the median rent as of July '25 in Selbyville, DE is 2-bedrooms: $1,590, 3-bedrooms: $2,810, 4-bedrooms: $2,580. The most common rental property sizes in Selbyville, DE are 2-bedroom and 3-bedroom, accounting for 40.7% and 28.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,750 | $2,570 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,550 | $1,590 |
| 3 Bed Rent | $2,800 | $2,810 |
| 4 Bed Rent | $2,400 | $2,580 |
% of Rental Stock
Property Listings — Selbyville, DE
As of Oct '25, Realtor.com reports that the median days on market for a home in Selbyville, DE is 71. This is a increase of 35.0% 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 | $657,000 | 0.0% |
Listing Count | 184 | 32.0% |
| Listings as % of Homes | 0.8% | 32.0% |
Days on Market | 71 | 35.0% |
Demographics — Selbyville, DE
As of the latest ACS Survey released in 2023, Selbyville, DE has a population of 10,400, which has increased by 10.9% over the past 5 years. Selbyville, DE is a less popular place for families, as children make up 9.9% of the population. The area has a moderately educated workforce, with 38.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,400 | 10.9% |
% Under 18 | 9.9% | -26.7% |
% Seniors | 42.6% | 27.5% |
% WFH | 15.2% | 76.7% |
% w/ College Degree | 38.5% | 35.6% |
As of the latest ACS Survey released in 2023, Selbyville, DE is a predominantly white area, with 86.0% of the population identifying as white. The white population has grown by 10.1% in the last 5 years. The second most common race or ethnicity in Selbyville, DE is hispanic, making up 8.3% of the population. Foreign-born residents account for 7.6% of the population in Selbyville, DE, and this percentage has decreased by 15.6% 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 | 86.0% | 10.1% |
% Black | 3.0% | -53.1% |
% Hispanic | 8.3% | -25.2% |
% Asian | 0.3% | -81.2% |
% Foreign Born | 7.6% | -15.6% |
Mortgage and Risk — Selbyville, DE
According to HUD data as of 2023, there were 426 mortgage originations in Selbyville, DE, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Selbyville, DE. Investor activity is low, as 3.0% 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 | 426 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 3.0% |
% Second Loans | 29.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Selbyville, DE
Selbyville, DE lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 58 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,230 |
| 2 Bedroom | $60 | $1,550 | $1,610 |
| 3 Bedroom | -$770 | $2,800 | $2,030 |
| 4 Bedroom | $130 | $2,400 | $2,530 |
Affordability — Selbyville, DE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.3 |
| Median Home Price | $533,000 |
| Median Household Income | $86,100 |