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Cost of homeownership in Delaware

State averages from Census ACS, energy costs from DOE EIA, and appreciation from FHFA. County-level detail is below.

Avg home value
$302,900
Avg property tax
$1,594
Homeownership rate
73.3%
1yr appreciation
6.3%

Home price trend

FHFA House Price Index, quarterly.

Most expensive counties

  1. 1.Sussex County$324,400
  2. 2.New Castle County$312,000
  3. 3.Kent County$272,300

Most affordable counties

  1. 1.Sussex County16.4%
  2. 2.New Castle County16.8%
  3. 3.Kent County18.3%
Avg electricity
17.1¢/kWh

DOE EIA residential average.

Avg annual energy cost
$1,850

Residential baseline.

Avg mortgage interest deduction
Pending

IRS SOI, state-level avg.

All counties in Delaware

Frequently asked questions

How much does it cost to own a home in Delaware?

Based on Census ACS, the state average home value in Delaware is $302,900, with median annual property tax around $1,594. Your actual cost depends on county and property.

What is the property tax in Delaware?

Property tax rates vary by county. Delaware's state average sits at roughly $1,594 per year on a median home. See county-level pages for local rates.

How fast are home prices appreciating in Delaware?

FHFA House Price Index data shows Delaware appreciating 6.3% over the last year and 48.4% over the last five years.

Is homeownership high in Delaware?

Delaware's homeownership rate is 73.3% (Census ACS). The share of owner-occupied units varies widely across counties.

Data sources

Disclaimer. HomeRule is not a real estate agent, lender, appraiser, or financial advisor. This content is for educational and informational purposes only. Actual costs vary significantly by property, location, and individual circumstances. Consult qualified professionals for personalized advice.