Market Update
Coastal Delaware
Q3 2026
Residential Property Snapshot
Single Family Homes & Condos | Q3 2026
Med. Sales Price
$550k
3% more than in
Q3 2025
Q3 2025
Avg. Days On Market
70
4% more than in
Q3 2025
Q3 2025
Closed Sales
1,067
2% fewer than in
Q3 2025
Q3 2025
Inventory
1,597
3% more than in
Q3 2025
Q3 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q3 '22 | $525k | $640k | 989 |
| Q3 '23 | $535k | $673k | 889 |
| Q3 '24 | $532k | $676k | 1028 |
| Q3 '25 | $535k | $702k | 1086 |
| Q3 '26 | $550k | $755k | 1067 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $500k | 41.5% |
|---|---|
| Q3 '26 | 443 |
| Q3 '25 | 480 |
| 1YR CHANGE | -8% |
| Closed $500k - $1m | 41.7% |
| Q3 '26 | 445 |
| Q3 '25 | 463 |
| 1YR CHANGE | -4% |
| Closed $1m - $2m | 11.6% |
| Q3 '26 | 124 |
| Q3 '25 | 102 |
| 1YR CHANGE | +22% |
| Closed Over $2m | 5.2% |
| Q3 '26 | 55 |
| Q3 '25 | 41 |
| 1YR CHANGE | +34% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q3 '22 | 36 | $525k |
| Q3 '23 | 47 | $535k |
| Q3 '24 | 54 | $532k |
| Q3 '25 | 67 | $535k |
| Q3 '26 | 70 | $550k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q3 2026
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'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
3%
New Listings
New Listings represents the number of properties listed during the quarter.
-1%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
5%
Closed Sales
-2%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
4%
Bayside
Median
$995k
DOM
52
Sales
11
Inv
15
Bethany Beach
Median
$1.13m
DOM
62
Sales
57
Inv
48
Broadkill Beach
Median
$655k
DOM
96
Sales
3
Inv
12
Dagsboro
Median
$305k
DOM
69
Sales
5
Inv
1
Dewey Beach
Median
$1.77m
DOM
45
Sales
5
Inv
12
Fenwick Island
Median
$1.86m
DOM
24
Sales
4
Inv
5
Frankford
Median
n/a
DOM
0
Sales
0
Inv
1
Georgetown
Median
$320k
DOM
79
Sales
9
Inv
27
Harbeson
Median
n/a
DOM
0
Sales
0
Henlopen Acres
Median
$4.05m
DOM
74
Sales
2
Lewes
Median
$651k
DOM
65
Sales
215
Inv
286
Long Neck
Median
$395k
DOM
61
Sales
5
Inv
6
Milford
Median
$345k
DOM
57
Sales
45
Inv
61
Millsboro
Median
$385k
DOM
68
Sales
35
Inv
55
Millville
Median
$490k
DOM
65
Sales
29
Inv
39
Milton
Median
$440k
DOM
52
Sales
13
Inv
23
North Bethany
Median
$875k
DOM
68
Sales
49
Inv
38
Ocean View
Median
$586k
DOM
45
Sales
24
Inv
22
Rehoboth Beach
Median
$835k
DOM
72
Sales
111
Inv
191
Selbyville
Median
$382k
DOM
72
Sales
10
Inv
25
Slaughter Beach
Median
$520k
DOM
119
Sales
2
Inv
8
South Bethany
Median
$1.41m
DOM
79
Sales
11
Inv
7
The Peninsula
Median
$1.12m
DOM
30
Sales
10
Inv
41