19975 Zip Code's October First-Time Homebuyer Report

The 19975 zip code has one of the fastest growing populations in Delaware with a 23.1% increase over the last 10 years. Despite being ranked first for growth, it's currently only ranked 36th in terms of total population with 7,822 residents. The 19975 zip code is made up of homes that are of moderate age with a median of 24 years. Leading the list of top schools in the zip code are Southern Delaware School of the Arts and Selbyville Middle School.

Price Range

The median value of homes in the 19975 zip code is $309,000, making it one of the most valuable areas in Delaware. At the same time, the average list price of available homes is presently $336,560. With one home sold in the 19975 zip code market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with five new listings for buyers to choose from.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 19975 zip code:

$569K   $799K   $195K  

Typical Dwelling

The typical dwelling in the 19975 zip code is a four-bedroom detached home worth about $501,650. To purchase a similar home, a buyer with good credit and a $100,330 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,343 monthly payment. The property tax rate is $4.43 per $1,000 of taxable assessed value.

Get started right now by checking out 19975 homes for sale or reviewing 19975 real estate trends.


Data reported through 10/13/2016

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Coldwell Banker Residential Brokerage
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