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Frederica, DE

Full City Profile · Delaware · Kent County County

3.6 /5.0
B+ Good
972 Population 559/sq mi density
$70,288 Median Income $31,546 per capita
$216,700 Home Value $364,881 Zillow
$1,133 Median Rent 19.3% income on rent
54°F Avg Temperature 293 sunny days/yr
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$70,288 median income, 4.3% unemployment
A+
Affordability
5.0 / 5.0
$216,700 home value, $1,133/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.8 / 5.0
22.6% bachelor's degree or higher

Housing Overview

Median Home Value
$216,700
23% below
US avg: $281,900
Median Rent
$1,133/mo
3% below
US avg: $1,163/mo
Homeownership Rate
75.1%
15% above US avg (65.4%)
Total Housing Units
392
Median year built: 1980

Home Value by Source

Census Median
$216,700
Zillow (ZHVI)
$364,881
Median Sale Price
$395,000
Median List Price
$269,995
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

75.1%
Owner-Occupied
24.9%
Renter-Occupied
75%
25%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,205/mo
1 Bedroom
$1,250/mo
2 Bedroom
$1,560/mo
3 Bedroom
$1,990/mo
4 Bedroom
$2,293/mo
Census median rent: $1,133/mo

Market Indicators (Redfin)

Median Days on Market
2 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$202
Active Inventory
10
homes for sale

Affordability & Housing Stock

Rent Burden
19.3%
of renters spending 30%+ of income on housing
38% below US avg (31.0%)
Median Year Built
1980
Average age of housing stock: 46 years
Homeownership Rate
75.1%

Complete Housing Data

Home Values

Census Median Value$216,700
Zillow Home Value (ZHVI)$364,881
Median Sale Price$395,000
Median List Price$269,995
Price Per Sq Ft$202

Rent

Census Median Rent$1,133
FMR Studio$1,205
FMR 1-Bedroom$1,250
FMR 2-Bedroom$1,560
FMR 3-Bedroom$1,990
FMR 4-Bedroom$2,293

Market

Days on Market2
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold1
Active Inventory10
Price Per Sq Ft$202

Ownership & Stock

Owner-Occupied75.1%
Renter-Occupied24.9%
Homeownership Rate75.1%
Total Housing Units392
Median Year Built1980
Rent Burden19.3%