The 10 Best Places To Buy A House In Delaware For 2021


Using science and data, we can tell you which places in Delaware have seen home prices rising and people flocking over the past year.

Editor’s note: This is not investment advice and we are not financial advisers. Article updated for 2021.

There's a the age old question everyone thinks about when they decide to move to a city in Delaware:

Should I buy a place or rent? Well, we aren't here today to solve that problem for you exactly. We are just assuming you'll do the right thing and a buy a place. And while we are happy to tell you the best place to live in Delaware, this analysis is going to tackle the question of the best place to buy a house as an investor. That is we are going to try and determine the up and coming cities in the First State.

To do that we are going to look at places in Delaware that are growing faster than average, but where home prices are below average. In every day terms, the "deals". The best deal in Delaware at the moment? That would be Ocean View according to our analysis.

Here's a look at the top ten places to buy a home in Delaware for 2021.

The 10 Best Places To Buy A Home In Delaware For 2021

  1. Ocean View
  2. Riverview
  3. Townsend
  4. Selbyville
  5. Greenville
  6. Long Neck
  7. Kent Acres
  8. Milton
  9. Bridgeville
  10. Lewes

What's the best place to buy a home in Delaware for 2021? According to our analysis, would the the ideal place to buy a home looking into the future.

The methodology that wen't into this can be a bit complicated, so we'll break it down for you in as much detail as we can below. If you're not worried about finding a deal on good places to live, check out the most expensive places to live in Delaware and, for those of you on a budget, the cheapest places to live in Delaware.

For more Delaware reading, check out:

The 10 Best Cities To Buy A House In Delaware For 2021

Ocean View, DE

Source: Public domain
Overall SnackAbility

9
/10

Population: 2,272
Median Home Price: $346,400
Population Change: 3.4%
Home Price Change: 3.1%
More on Ocean View: PhotosHomes For Sale | Data

Overall SnackAbility

6
/10

Population: 2,314
Median Home Price: $259,300
Population Change: -13.8%
Home Price Change: -0.8%
More on Riverview: Homes For Sale | Data

Townsend, DE

Overall SnackAbility

7
/10

Population: 2,434
Median Home Price: $331,500
Population Change: 4.4%
Home Price Change: 2.1%
More on Townsend: PhotosHomes For Sale | Data

Selbyville, DE

Overall SnackAbility

7
/10

Population: 2,444
Median Home Price: $285,100
Population Change: 8.5%
Home Price Change: 6.5%
More on Selbyville: PhotosHomes For Sale | Data

Overall SnackAbility

7.5
/10

Population: 2,467
Median Home Price: $692,000
Population Change: 5.7%
Home Price Change: 1.5%
More on Greenville: Homes For Sale | Data

Overall SnackAbility

5
/10

Population: 2,487
Median Home Price: $72,900
Population Change: -2.7%
Home Price Change: -1.2%
More on Long Neck: PhotosHomes For Sale | Data

Overall SnackAbility

6
/10

Population: 2,519
Median Home Price: $212,800
Population Change: 3.7%
Home Price Change: 0.9%
More on Kent Acres: Homes For Sale | Data

Milton, DE

Overall SnackAbility

7
/10

Population: 2,893
Median Home Price: $300,900
Population Change: 1.9%
Home Price Change: 8.3%
More on Milton: PhotosHomes For Sale | Data

Bridgeville, DE

Overall SnackAbility

5
/10

Population: 3,137
Median Home Price: $276,500
Population Change: 16.4%
Home Price Change: 2.9%
More on Bridgeville: PhotosHomes For Sale | Data

Lewes, DE

Overall SnackAbility

9
/10

Population: 3,198
Median Home Price: $558,200
Population Change: 2.6%
Home Price Change: 3.3%
More on Lewes: PhotosHomes For Sale | Data

How do you determine the best places to buy a home in Delaware for 2021?

We were in real estate for almost five years and have been working on this site for another three. Suffice is to say, we've put a lot of thought into what goes into finding a good place to buy a home.

So all that thinking has come to this moment where we get to spell out how we'd approach finding an up-and-coming place to live in Delaware. Put differently, the analysis will try to find places in Delaware with undervalued homes relative to pent up demand.

To do that we looked at the most recent American Community Survey Census data for 2015-2019 and compared it to the previous vintage (2012-2016). Specifically, we used the following criteria:

  • Y-o-Y Change In Population (People want to live here)
  • Y-o-Y Change In Median Home Prices (People are willing to pay for it)
  • Home Prices Relative To The State Average (It's still kinda cheap)

We want places that are growing, have seen home prices increase in recent years, and are still "cheap" for Delaware with the following caveats:

So of the 0 cities and towns in Delaware, only 37 places made it through our initial filters to even be considered.

We then ranked each place from 1 to 37 for the criteria mentioned above with 1 being the best for that criteria. We averaged the rankings to create a "best place to buy" index with the place having the lowest index being the best. You can download the data here.

Turns out that Ocean View is the best potential gem in the not-so-rough in the First State.

Read on for more on these places.

There You Have It - The Best Places To Purchase A House In Delaware for 2021

There's our analysis of the best places to buy a house in Delaware. And, to be clear, we aren't necessarily saying these places are the best places to live, just that it looks like they might be in a couple of years based on the data.

In fact, every place in the following table meets our criteria, so even though it may not look super long, remember we started off with all 0 places in the state.

So if we'd could rent or buy in these cities, we'd definitely buy.

For more Delaware reading, check out:

Detailed List Of The Best Places To Buy A Home In Delaware

City Rank Median Home Price Population Change Home Price Increase
Ocean View 1 $346,400 3.4% 3.1%
Riverview 2 $259,300 -13.8% -0.8%
Townsend 3 $331,500 4.4% 2.1%
Selbyville 4 $285,100 8.5% 6.5%
Greenville 5 $692,000 5.7% 1.5%
Long Neck 6 $72,900 -2.7% -1.2%
Kent Acres 7 $212,800 3.7% 0.9%
Milton 8 $300,900 1.9% 8.3%
Bridgeville 9 $276,500 16.4% 2.9%
Lewes 10 $558,200 2.6% 3.3%
Clayton 11 $242,900 1.4% 10.2%
Highland Acres 12 $253,500 -5.5% 4.1%
Camden 13 $208,800 0.4% -1.4%
Harrington 14 $181,300 -0.4% 14.5%
Rising Sun-Lebanon 15 $293,300 -4.6% 6.1%
Laurel 16 $157,000 -0.8% 7.9%
Millsboro 17 $215,200 2.5% 4.4%
New Castle 18 $194,300 -2.2% -0.6%
Elsmere 19 $174,700 -1.8% 1.0%
Edgemoor 20 $184,700 7.2% 9.9%
Georg 21 $220,800 1.9% 0.9%
North Star 22 $445,900 0.8% 0.3%
Pike Creek 23 $343,300 -8.4% 1.5%
Seaford 24 $170,300 1.9% 6.1%
Wilmington Manor 25 $172,800 0.0% 0.5%
Claymont 26 $208,400 7.5% -0.4%
Pike Creek Valley 27 $252,400 3.0% -1.3%
Milford 28 $190,900 2.5% 3.4%
Smyrna 29 $206,400 1.3% 9.9%
Hockessin 30 $441,200 -2.3% -1.1%
Brookside 31 $197,200 1.6% 0.4%
Glasgow 32 $274,000 0.1% -1.3%
Bear 33 $209,700 -2.4% 0.5%
Middl 34 $301,700 2.1% 4.6%
Newark 35 $277,800 0.3% 1.1%
Dover 36 $175,300 0.5% -0.3%
Wilmington 37 $168,000 -0.4% -0.8%

How Is The Area In ?

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

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