Delaware is the forty-ninth largest state by area, with a population of 967,171 (U.S. Census Bureau, July 1, 2019). Delaware started as a Dutch colony until England exercised authority in 1664 and claimed it as an English colony. After the Revolutionary War, Delaware became known as "The First State" since it was the first out of the thirteen original colonies to ratify the U. S. Constitution in 1787. Delaware's incredibly rich American history is only surpassed by impressive mansions and gardens, including The Brandywine Valley.
Today, Delaware's economy has a GDP of $76 billion (Bureau of Economic Analysis, July 1, 2018), which is driven by the agriculture, fishing, manufacturing, and mining industries. Many of the leading Fortune 500 companies have their headquarters in Delaware, including DuPont, Integrity Staffing Solutions, and Swissport Holding Inc., to name a few.
The most recognized cities in Delaware are Wilmington, Dover, and Newark.
Wilmington is located along the Delaware River and has a population of 71,276. Wilmington is home to Brandywine Creek, Delaware Art Museum, and the Brandywine Zoo. Over the last ten years, Wilmington's housing market has depreciated by 10.69%. When compared to the rest of the nation, Wilmington's housing prices are significantly lower, with the median home price of $128,200 and a median rent of $1,170.
Dover is the capital city of Delaware and has a population of 37,109. Dover is home to Dover International Speedway and Air Mobility Command Museum. Over the last ten years, Dover 's housing market has depreciated by 9.17%. When compared to the rest of the country, Dover's housing prices are significantly lower, with the median home price of $172,800 and a median rent of $1,005.
Newark resides along the Delaware River and has a population of 33,243. Newark is home to White Clay Creek State Park, Newark Reservoir, and Patriot Ice Center. Over the last ten years, Newark's housing market has appreciated by 0.47% annually. When compared to the rest of the nation, Newark's housing prices are slightly lower, with the median home price of $230,400 and a median rent of $1,213.
|Single Family Homes for sale in Delaware|
|Average List Price||$452,776|
|Average Price Per Square Feet||$284|
|Condos for sale in Delaware|
|Average List Price||$397,762|
|Average Price Per Square Feet||$324|
|Townhomes for sale in Delaware|
|Average List Price||$247,026|
|Average Price Per Square Feet||$140|