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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Felton, DE Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Felton, DE Housing Market Trends

With 1,347 people, 545 houses or apartments, and a median cost of homes of $358,753, Felton real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Felton, accounting for 70.69% of the town's housing units. Other types of housing that are prevalent in Felton include large apartment complexes or high rise apartments ( 18.29%), duplexes, homes converted to apartments or other small apartment buildings ( 7.82%), and a few row houses and other attached homes ( 1.95%).

The most prevalent building size and type in Felton are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 59.27% owning and 40.73% renting.

Felton homes and real estate are some of the newest in America. 41.92% of Felton's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Felton real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 40.68%), and before 1939 ( 11.72%). There's also some housing in Felton built between 1940-1969 ( 5.68%).

Felton Home Appreciation Rates

Felton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Felton during the period has been just 5.64%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Felton's appreciation rate, at 7.25%, has been at or slightly above the national average. In the latest quarter, Felton's appreciation rate has been 6.48%, which annualizes to a rate of 28.54%.

Importantly, this makes Felton one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Delaware, our data show that Felton's latest annual appreciation rate is higher than 50% of the other cities and towns in Delaware.

Average Home Values

Median Home Value

$358,753

Felton, DE Home Prices
> $1,329,000
$997,001 - $1,329,000
$665,001 - $997,000
$532,001 - $665,000
$399,001 - $532,000
$266,001 - $399,000
$133,001 - $266,000
$66,001 - $133,000
$0 - $66,000
0.4%
0.4%
4.3%
4.3%
0.2%
0.2%
10.1%
10.1%
26.0%
26.0%
34.5%
34.5%
14.5%
14.5%
1.5%
1.5%
8.5%
8.5%
0% 100.0%
% of Homes
Low

for Delaware

High

for nation

Number of Homes And Apartments:

545

Felton Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,711 / per month

Homeownership Rate

Owners
Renters
59.3%
59.3%
40.7%
40.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.2%
3.2%
96.8%
96.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
41.9%
41.9%
40.7%
40.7%
5.7%
5.7%
11.7%
11.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
70.7%
70.7%
2.0%
2.0%
7.8%
7.8%
18.3%
18.3%
0.7%
0.7%
0.5%
0.5%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
4.3%
4.3%
18.1%
18.1%
11.4%
11.4%
43.9%
43.9%
21.1%
21.1%
1.2%
1.2%
0% 100.0%
% of Homes