Felton, DE Foreclosures
How much do homes sell for in Felton, DE?
The average home price is currently $352,838.
In Felton, DE, how many homes are available?
There are currently 16 active home listings available in Felton.
What’s the average rental cost in Felton, DE?
The average rental price in Felton is $1,537.
What is the most expensive home in Felton?
The most expensive home sold in Felton had a price of $5,092,575.
What is currently the cheapest priced home in Felton, DE?
The cheapest home for sale in Felton is priced at $17,995.
Living in Felton, DE
Felton is a charming small town located in Delaware, known for its friendly community and rural atmosphere. With a population of just over 1,000 residents, it offers a peaceful lifestyle while still being close to larger cities. The town is surrounded by lush landscapes and has a welcoming vibe, making it ideal for families and retirees alike.
Current Market Conditions in Felton, DE
The real estate market in Felton, DE, has shown steady growth over the past few years. As a small town with a close-knit community feel, more people are exploring Felton as an affordable housing option away from the hustle and bustle of Wilmington and Dover. The average home price has increased slightly due to heightened demand, particularly for single-family homes.
Current trends indicate that the market is favoring sellers, as inventory levels are relatively low. However, opportunities still exist for buyers, especially in newer developments and renovated properties, appealing to first-time homebuyers and those looking for investment properties.
Home Value Estimator For Felton, DE
There are currently 5,145 real estate properties
in Felton, DE,
with a median automated valuation model (AVM) price
of $337,072.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Felton, DE, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Felton, DE,
is $352,838.00, with the most expensive house
in Felton, DE, topping out
at $5,092,575.00 and the cheapest home
in Felton, DE,
clocking in at $17,995.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Felton, DE!
Rent Prices
In Felton, DE
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Felton, DE, is on
a rollercoaster ride. The
average rent price in Felton, DE,
is $1,537.00. Indeed, when looking to rent in
Felton, DE, you can expect to pay as little
as $800.00 or as much
as $4,250.00,
with the average rent median estimated to
be $1,560.00. The good news is that finding
an affordable and desirable property to rent in Felton, DE
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
