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  • Dewey Beach Market Report

    $1,159,589

    AVERAGE PRICE OF 61 HOMES

    $2,358,280

    AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES

    $1,267,965

    AVERAGE PRICE OF 10 NEWLY BUILT HOMES

    $549,000

    AVERAGE PRICE OF 1 REDUCED PRICE HOMES

    Average Home

    Average Price $1,159,589
    Avg Bedrooms 3.1 beds
    Avg Bathrooms 2.54 baths

    Average Price by Bedrooms

    1 bedroom $318,566
    2 bedrooms $408,490
    3 bedrooms $857,493
    4 bedrooms $872,950
    5 bedrooms $2,094,778
    Dewey Beach Home Price Trends
      4/2019 3/2019 2/2019 1/2019 12/2018
    Total Listings 64 62 57 49 52
    Average Price $1,120,928 $1,010,581 $1,013,709 $1,018,708 $975,833
    Avg Price Change +10.92% -0.31% -0.49% +4.39% -4.39%
    Median Price $637,993 $626,201 $633,948 $624,996 $599,217
    Med Price Change +1.88% -1.24% +1.43% +4.30% -1.38%
    Avg Bedrooms 2.98 beds 2.98 beds 2.99 beds 3.05 beds 3.02 beds
    Avg Bathrooms 2.43 baths 2.4 baths 2.39 baths 2.45 baths 2.45 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Cape Henlopen 11 $1,074,551 134 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 61 $1,159,589 165 days
    Multi-Million Dollar Homes 22 $2,358,280 148 days
    Newly Built Homes 10 $1,267,965 173 days
    Reduced Price Homes 1 $549,000 204 days