Long Neck is the fastest growing city in Delaware, at a 10-year growth rate of 40.1%. It currently ranks 37th in terms of population with 1,980 residents. Homes in Long Neck are of moderate age with a median age of 18 years. The top school in the city is East Millsboro Elementary School.
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$340K  
The Long Neck market looked active this week and remained above its average as sales reached two homes sold over the last 30 days. To put it in perspective, close-by Lewes registered nine homes sold in the same time frame, the most of all surrounding cities. Long Neck is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of 18 months of remaining inventory.
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$279K  
No deals were completed in the Long Neck market over the last 30 days. Long Neck usually averages 0.7 sales per month.
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$169K  
The Long Neck market was quiet this week as no sales were reported over the previous 30 days. Long Neck usually averages 0.6 sales per month.
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$169K  
No deals were completed in the Long Neck market over the last 30 days. Long Neck usually averages 0.6 sales per month.
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$169K  
No deals were completed in the Long Neck market over the last 30 days. Long Neck usually averages 0.6 sales per month.
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Long Neck is a small city in Delaware. It ranks 65th in affluence with a median income of $42,390 per household, and it's the sixth-youngest, with a median age of 62. It should be noted that 41.2% of the homes in Long Neck are owned, while 2.8% are rentals. Heading the list of top schools in the city is East Millsboro Elementary School.
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$169K  
The number of homes coming into the Long Neck market stayed firm with zero listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The median sales price remained unchanged over the latest reporting period for Long Neck, coming in at $42,500. There are only two months of inventory available in Long Neck, so it's a solid seller's market, even if sales are flat.
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$169K  
With one home sold in the Long Neck market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with zero new listings for buyers to choose from. The median sales price of all transactions in Long Neck did not budge this week, remaining at $42,500. In spite of flat sales, a low two months of inventory signals that Long Neck is a strong seller's market.
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$169K  
The Long Neck market slowed with a 50.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (0.6) with one home sold. On the other hand, close-by Dewey Beach registered four homes sold in the same time frame, the most of all surrounding cities. The median sales price tumbled to $42,500 over the latest reporting period for Long Neck, down from $91,250. Despite the slip in sales, a relatively low two months of inventory indicates that Long Neck is a strong seller's market.
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