Lewes De Housing Market

There was an increase in total units sold in march with 437 sold this month in sussex county real estate. The median list price per square foot in lewes is 186 which is higher than the salisbury metro average of 170. Find current sussex county housing market data such as median sales prices inventory levels days on market and more with the long foster market minute.

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Fair market rents can be used to better understand the average housing costs of an area.

Lewes de housing market. Homes for sale in lewes de have a median listing price of 395 000 and a price per square foot of 191. Lewes de housing market in march 2020 the housing market in lewes de is a buyer s market which means there are roughly more active homes for sale than there are buyers. The average sale price per square foot in lewes is 201 up 28 4 since last year. The lewes housing market is somewhat competitive.

There are 724 active homes for sale in lewes delaware which spend an average of 102 days on the market. The average sale price of a home in lewes was 380k last month up 0 34 since last year. The median price of homes currently listed in delaware is 299 900 while the median price of homes that sold is 229 700. Brightmls or long foster real estate inc.

Fair market rents are used by hud to establish payment and rent standards for federal rental assistance programs like the section 8 housing choice voucher program. Lewes housing market last february the median sale price for lewes homes was 432 500. Lewes de real estate homes for sale. Lewes housing market information with a population of 3 233 1 629 total housing units homes and apartments and a median house value of 576 609 lewes house prices are not only among the most expensive in delaware lewes real estate also is some of the most expensive in all of america.

Lewes is a decidedly white collar city with fully 94 91 of the workforce employed in white collar jobs well above the national average. Some of the hottest neighborhoods near lewes de are highland acres highland acres south. The median list price per square foot in delaware is 152. Lewes home values have gone up 6 2 over the past year and zillow predicts they will rise 2 7 within the next year.

This month s total units sold was higher than at this time last year. Delaware home values have gone up 1 2 over the past year and zillow predicts they will rise 0 4 within the next year. This february the median sale price was 471 088 an increase of 9 or 38 588 compared to last year. Lewes home prices are not only among the most expensive in delaware but lewes real estate also consistently ranks among the most expensive in america.

The maximum amount a voucher would pay on behalf of a low income tenant in lewes delaware for a two bedroom apartment is between 853 and 1 043. The current median sold price is 14 higher than in january. The median price of homes currently listed in lewes is 399 000. 2020 lewes delaware fair market rents and housing choice voucher payment standards.