Delaware City19706

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$294,000
4.6% YoY Growth
Median Household Income
$77,100
27.1% 5-Year Growth
Days on Market
83
14.0% Shorter than last year
Home Price Forecast
1.3%
Median Rent
$2,100
12.6% YoY Growth
1-Bed Rent
$1,250
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$2,100
0.5% YoY Growth

Property Listings — Delaware City

As of Oct '25, Realtor.com reports that the median days on market for a home in Delaware City is 83. This is a decrease of -14.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$399,00039.0%
Listing Count
912.0%
Listings as % of Homes0.5%12.0%
Days on Market
83-14.0%
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Demographics — Delaware City

As of the latest ACS Survey released in 2023, Delaware City has a population of 2,060, which has increased by 15.7% over the past 5 years. Delaware City is a moderately popular place for families, as children make up 23.1% of the population. The area has a poorly educated workforce, with 21.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,06015.7%
% Under 18
23.1%-4.5%
% Seniors
21.0%50.0%
% WFH
14.0%250.0%
% w/ College Degree
21.4%28.1%
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As of the latest ACS Survey released in 2023, Delaware City is a predominantly white area, with 75.3% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Delaware City is hispanic, making up 9.2% of the population. Foreign-born residents account for 1.2% of the population in Delaware City, and this percentage has decreased by 64.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
75.3%-4.0%
% Black
7.8%-38.1%
% Hispanic
9.2%61.4%
% Asian
0.0%N/A
% Foreign Born
1.2%-64.7%
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Mortgage and Risk — Delaware City

According to HUD data as of 2023, there were 43 mortgage originations in Delaware City, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Delaware City. Investor activity is low, as 2.0% of loans were by investors. 26.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
43
% Conventional Loans
74.0%
% Government Loans
26.0%
% Investor Loans
2.0%
% Second Loans
0.0%
% Cash Out Refinance
26.0%

Loan Activity

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Rentals and Section 8 — Delaware City

Delaware City lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
1
Total Units Section 8
1
% Rentals under Section 8
0.6%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$200$1,250$1,450
2 BedroomN/AN/A$1,730
3 Bedroom-$20$2,100$2,080
4 BedroomN/AN/A$2,370

Affordability — Delaware City

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.4
Median Home Price$294,000
Median Household Income$77,100

Delaware City — ZIP Code Boundary Map

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Frequently Asked Questions