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Preforeclosure Homes in Rehoboth Beach, DE

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Living in Rehoboth Beach, DE

Rehoboth Beach is a picturesque coastal town in Delaware, known for its stunning beaches and a lively boardwalk filled with shops and eateries. It offers a plethora of outdoor activities, excellent schools, and a welcoming community atmosphere. Ideal for both tourists and residents, Rehoboth Beach is a fantastic place to live and invest.

Current Market Conditions in Rehoboth Beach, DE

The real estate market in Rehoboth Beach has been quite dynamic, with increasing property values driven by its desirable location and the growing interest from out-of-state buyers. Homes here represent a mixture of luxury beachfront properties and charming cottages, catering to a diverse clientele.

Recent trends show a rise in interest for vacation rentals, as the demand for short-term accommodations continues to grow. Investors see potential in converting properties into rental units due to the steady influx of tourists throughout the year, particularly during summer months.

Home Value Estimator For Rehoboth Beach, DE

There are currently 13,526 real estate properties in Rehoboth Beach, DE, with a median automated valuation model (AVM) price of $489,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rehoboth Beach, 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 Rehoboth Beach, DE, is $693,388.00, with the most expensive house in Rehoboth Beach, DE, topping out at $14,651,500.00 and the cheapest home in Rehoboth Beach, DE, clocking in at $11,877.00. In other words, there’s something for every potential homebuyer or savvy investor in Rehoboth Beach, DE!

Rent Prices In Rehoboth Beach, DE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rehoboth Beach, DE, is on a rollercoaster ride. The average rent price in Rehoboth Beach, DE, is $1,767.00. Indeed, when looking to rent in Rehoboth Beach, DE, you can expect to pay as little as $1,140.00 or as much as $3,050.00, with the average rent median estimated to be $1,770.00. The good news is that finding an affordable and desirable property to rent in Rehoboth Beach, 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.

Rehoboth Beach, DE Preforeclosure Homes


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