Delaware’s housing market remains “active,” but affordability is still a concern facing many potential buyers.
According to the Delaware Association of REALTORS®, the median listing price last month was just over $418,000, up 4% from last year. The median sales price dipped slightly to $388,000.
Homes were spending an average of 42 days on the market, 21% longer than September 2024. Nearly 1,200 homes were sold statewide, a 3% increase year-over-year.
The growth in new listings of about 3% could be more of an indication that growth is caused by slower turnover, rather than a large increase in new homes entering the market.
Get WDEL’s top stories sent right to your email. Click here to signup for WDEL’s Afternoon Edition.
And get breaking news notifications sent right to your mobile device. Click here to download the WDEL app – which gives you easy on-the-go access to WDEL’s stream.