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Foreclosure Homes in Lewes, DE

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Lewes, DE Foreclosures

How much do homes sell for in Lewes, DE?
The average home price is currently $452,392.
In Lewes, DE, how many homes are available?
There are currently 24 active home listings available in Lewes.
What’s the average rental cost in Lewes, DE?
The average rental price in Lewes is $1,654.
What is the most expensive home in Lewes?
The most expensive home sold in Lewes had a price of $8,826,489.
What is currently the cheapest priced home in Lewes, DE?
The cheapest home for sale in Lewes is priced at $10,707.

Living in Lewes, DE

Lewes, DE, offers a charming coastal lifestyle with rich history, excellent schools, and stunning outdoor activities. The picturesque setting is perfect for families and retirees alike, with access to beautiful beaches and a vibrant community life.

Current Market Conditions in Lewes, DE

Lewes is currently experiencing a solid demand for real estate, driven by both local buyers and those moving from nearby metropolitan areas seeking a coastal lifestyle. The housing market remains competitive, with increasing prices reflecting the desirability of living in such a scenic locale.

As new developments rise and interest in vacation homes increases, the market shows promising growth. The appreciation of property values, coupled with attractive rental potential, positions Lewes as an excellent opportunity for real estate investment.

Home Value Estimator For Lewes, DE

There are currently 15,722 real estate properties in Lewes, DE, with a median automated valuation model (AVM) price of $356,862.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lewes, 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 Lewes, DE, is $452,392.00, with the most expensive house in Lewes, DE, topping out at $8,826,489.00 and the cheapest home in Lewes, DE, clocking in at $10,707.00. In other words, there’s something for every potential homebuyer or savvy investor in Lewes, DE!

Rent Prices In Lewes, DE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lewes, DE, is on a rollercoaster ride. The average rent price in Lewes, DE, is $1,654.00. Indeed, when looking to rent in Lewes, DE, you can expect to pay as little as $1,060.00 or as much as $3,260.00, with the average rent median estimated to be $1,640.00. The good news is that finding an affordable and desirable property to rent in Lewes, 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.

Lewes, DE Foreclosures


Market Trend for Lewes, DE

Total Listings Available: 24

Market Values:

Home Prices from $10,707 to $8,826,489

Average Sales Price: $452,392

Rental Values:

Rental from $1,060 to $3,260

Average Rent Value: $1,654 / month

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