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Delaware Real Estate


According to census data in the year 2000 there were 343,072 housing units in Delaware. This represents a 18.3% from 289,919 in 1990.

Of those housing units, 274,794 were located in either urbanized areas or urban clusters, and 68,278 were located in what is classified as a rural area.

Homeownership rate in Delaware is about 72.3%. Delaware's vacancy rate, including seasonal lodging, is about 12.9%. Average household size is 2.54 people.

The majority of houses, apartments or condos in Delaware were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type1.2%
One Bedroom9.3%
Two Bedrooms24.1%
Three Bedrooms43.9%
Four Bedrooms18.7%
Five Bedrooms or more2.9%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1974
Median Value of occupied units$130,400
Median Price asked for vacant units$103,400

Rented Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1970
Median Monthly Rent asked for vacant units$574

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.1%
Second Mortgage8.8%
Home Equity Loan11.3%
Simple Mortgage52.6%
Debt Free26.9%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.1%

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