Selbyville, DE Foreclosures
How much do homes sell for in Selbyville, DE?
The average home price is currently $563,509.
In Selbyville, DE, how many homes are available?
There are currently 16 active home listings available in Selbyville.
What’s the average rental cost in Selbyville, DE?
The average rental price in Selbyville is $1,600.
What is the most expensive home in Selbyville?
The most expensive home sold in Selbyville had a price of $11,223,153.
What is currently the cheapest priced home in Selbyville, DE?
The cheapest home for sale in Selbyville is priced at $11,281.
Living in Selbyville, DE
Selbyville, Delaware is a quaint town that captures the essence of small-town living with a welcoming atmosphere. Located just a few miles from the beach, residents enjoy a pleasant lifestyle with easy access to coastal activities. With its community-centric vibe and essential amenities, Selbyville is an attractive option for homebuyers and renters alike.
Current Market Conditions in Selbyville, DE
The Selbyville real estate market has been experiencing a steady increase in property values over the past few years. Typically, homes in Selbyville are priced more affordably compared to neighboring coastal towns, attracting buyers looking for value while still being close to the beach. The demand for properties, especially vacation homes, has seen a resurgence due to the area's charming character and outdoor lifestyle options.
In recent months, there has been a rise in the number of homes for sale, indicating a potential increase in supply that may stabilize prices. However, the overall demand remains strong, particularly during the spring and summer months when seasonal buyers enter the market.
Home Value Estimator For Selbyville, DE
There are currently 8,031 real estate properties
in Selbyville, DE,
with a median automated valuation model (AVM) price
of $508,263.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Selbyville, 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 Selbyville, DE,
is $563,509.00, with the most expensive house
in Selbyville, DE, topping out
at $11,223,153.00 and the cheapest home
in Selbyville, DE,
clocking in at $11,281.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Selbyville, DE!
Rent Prices
In Selbyville, DE
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Selbyville, DE, is on
a rollercoaster ride. The
average rent price in Selbyville, DE,
is $1,600.00. Indeed, when looking to rent in
Selbyville, DE, you can expect to pay as little
as $1,110.00 or as much
as $2,750.00,
with the average rent median estimated to
be $1,610.00. The good news is that finding
an affordable and desirable property to rent in Selbyville, 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
