Fleming Corners, DE19952

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$336,000
3.4% YoY Growth
Median Household Income
$78,300
54.6% 5-Year Growth
Days on Market
83
51.0% Longer than last year
Home Price Forecast
2.3%
Median Rent
$1,450
14.6% YoY Growth
1-Bed Rent
$1,100
1.7% YoY Growth
2-Bed Rent
$1,700
36.0% YoY Growth
3-Bed Rent
$1,800
6.3% YoY Growth

Property Listings — Fleming Corners, DE

As of Oct '25, Realtor.com reports that the median days on market for a home in Fleming Corners, DE is 83. This is a increase of 51.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$318,000-10.0%
Listing Count
5437.0%
Listings as % of Homes0.8%37.0%
Days on Market
8351.0%
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Demographics — Fleming Corners, DE

As of the latest ACS Survey released in 2023, Fleming Corners, DE has a population of 10,700, which has remained stable by 1.0% over the past 5 years. Fleming Corners, DE is a moderately popular place for families, as children make up 23.8% of the population. The area has a poorly educated workforce, with 23.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
10,7001.0%
% Under 18
23.8%-8.1%
% Seniors
17.6%2.3%
% WFH
8.1%326.3%
% w/ College Degree
23.2%42.3%
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As of the latest ACS Survey released in 2023, Fleming Corners, DE is a predominantly white area, with 84.3% of the population identifying as white. The white population has grown by 12.9% in the last 5 years. The second most common race or ethnicity in Fleming Corners, DE is black, making up 7.9% of the population. Foreign-born residents account for 2.8% of the population in Fleming Corners, DE, and this percentage has increased by 40.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
84.3%12.9%
% Black
7.9%-54.1%
% Hispanic
5.3%3.9%
% Asian
1.2%9.1%
% Foreign Born
2.8%40.0%
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Mortgage and Risk — Fleming Corners, DE

According to HUD data as of 2023, there were 304 mortgage originations in Fleming Corners, DE, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Fleming Corners, DE. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
304
% Conventional Loans
59.0%
% Government Loans
41.0%
% Investor Loans
1.0%
% Second Loans
1.0%
% Cash Out Refinance
11.0%

Loan Activity

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Rentals and Section 8 — Fleming Corners, DE

Fleming Corners, DE lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
94
Total Units Section 8
23
% Rentals under Section 8
2.1%
% Occupied Section 8
57.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$0$1,100$1,100
2 Bedroom-$310$1,700$1,390
3 Bedroom$140$1,800$1,940
4 BedroomN/AN/A$2,120

Affordability — Fleming Corners, DE

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.8
Median Home Price$336,000
Median Household Income$78,300

Fleming Corners, DE — ZIP Code Boundary Map

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Frequently Asked Questions