Long Neck, DE Foreclosures
How much do homes sell for in Long Neck, DE?
The average home price is currently $384,923.
What’s the average rental cost in Long Neck, DE?
The average rental price in Long Neck is $1,554.
What is the most expensive home in Long Neck?
The most expensive home sold in Long Neck had a price of $1,535,140.
What is currently the cheapest priced home in Long Neck, DE?
The cheapest home for sale in Long Neck is priced at $148,100.
Living in Long Neck, DE
Long Neck is a serene community in Sussex County, Delaware, offering picturesque waterfront living and a calm atmosphere. With abundant outdoor activities and a strong sense of community, residents can enjoy a relaxed lifestyle surrounded by nature. Ideal for families and retirees alike, Long Neck boasts excellent amenities and proximity to popular Delaware beaches.
Current Market Conditions in Long Neck, DE
The real estate market in Long Neck is currently experiencing steady growth, driven by rising interest from homebuyers looking for a second home or retirement residence along the scenic coast. Buyers are primarily attracted to the area for its affordable housing compared to neighboring beach towns, as well as the appealing lifestyle that includes access to outdoor activities and community events.
Recent trends indicate an increase in demand for waterfront properties and homes in gated communities, leading to a competitive market with limited inventory. This surge in interest has prompted many homeowners to list their properties, but they often receive multiple offers. As a result, home prices have been on an upward trajectory, making investing in Long Neck a promising opportunity.
Home Value Estimator For Long Neck, DE
There are currently 118 real estate properties
in Long Neck, DE,
with a median automated valuation model (AVM) price
of $360,625.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Long Neck, 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 Long Neck, DE,
is $384,923.00, with the most expensive house
in Long Neck, DE, topping out
at $1,535,140.00 and the cheapest home
in Long Neck, DE,
clocking in at $148,100.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Long Neck, DE!
Rent Prices
In Long Neck, DE
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Long Neck, DE, is on
a rollercoaster ride. The
average rent price in Long Neck, DE,
is $1,554.00. Indeed, when looking to rent in
Long Neck, DE, you can expect to pay as little
as $1,250.00 or as much
as $2,160.00,
with the average rent median estimated to
be $1,540.00. The good news is that finding
an affordable and desirable property to rent in Long Neck, 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
