Delaware home prices and mortgage costs
Typical home value $405,061 · +1.2% in a year · property tax 0.49%
Delaware ranks 21st most expensive of 51 states and D.C. Home values changed +1.2% over the past year and +21.5% over five years. Buying the typical home with 20% down costs about $2,547 a month at 7.11%, which needs a household income of about $109,100.
Cost of the typical Delaware home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $81,012 | $324,049 | $2,180 | $0 | $367 | $2,547 | $109,100 |
| 10% down | $40,506 | $364,555 | $2,452 | $152 | $367 | $2,971 | $127,300 |
| 5% down | $20,253 | $384,808 | $2,589 | $160 | $367 | $3,116 | $133,500 |
| 3.5% down (FHA) | $14,177 | $397,724 | $2,676 | $179 | $367 | $3,222 | $138,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.49% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Check a specific budget: how much house you can afford in Delaware by salary · payment on a $400K home in Delaware
Home prices by county in Delaware
| County | Typical home | 1-yr change | Tax rate | Payment / month | Income needed |
|---|---|---|---|---|---|
| Sussex County | $484,559 | +0.6% | 0.32% | $2,979 | $127,700 |
| Kent County | $371,868 | +2.3% | 0.43% | $2,321 | $99,500 |
| New Castle County | $366,105 | +1.4% | 0.71% | $2,370 | $101,600 |
Metro areas in Delaware
Frequently asked questions
What is the average home price in Delaware?
The typical home in Delaware is worth $405,061 according to the Zillow Home Value Index for September 2026.
How much income do you need to buy a house in Delaware?
About $109,100 a year to buy the typical $405,061 home with 20% down at 7.11%, keeping housing under 28% of income.
What is the property tax rate in Delaware?
The typical effective rate is 0.49% of the home's value a year (median taxes paid divided by median home value, Census ACS 2025).