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Highest Home Value in Delaware

Top 21 cities ranked by highest home value

Highest Home Value — Delaware

1 North Star $566,500
2 Hockessin $550,200
3 Pike Creek $414,700
4 Middletown $399,500
5 Newark $357,600
6 Glasgow $346,200
7 Pike Creek Valley $299,500
8 Millsboro $297,000
9 Edgemoor $291,000
10 Bear $280,200
11 Milford $274,600
12 Smyrna $273,400
13 Georgetown $266,100
14 Brookside $264,800
15 Claymont $262,900
16 New Castle $262,100
17 Dover $248,500
18 Wilmington $224,500
19 Seaford $223,700
20 Wilmington Manor $220,400
21 Elsmere $210,200

The most expensive housing markets in Delaware reflect areas of high demand, limited supply, and strong local economies. North Star leads with a median home value of $566,500. These cities are often located in major metro areas or regions with significant economic activity.

High home values are driven by factors including strong job markets, desirable locations, good school districts, and limited buildable land. For homeowners, high values represent significant wealth accumulation, but for prospective buyers, they create substantial barriers to entry.

Many of the most expensive markets have seen rapid appreciation over the past decade, outpacing income growth and raising affordability concerns. This has led to increased interest in remote work opportunities that allow residents to earn high salaries while living in more affordable areas.

Did You Know?

  • 1. A typical home in North Star costs $566,500 — 1.6x the national median of $350,000.
  • 2. Home values in the top 10 most expensive cities have increased by an average of 40-60% over the past decade.
  • 3. In the most expensive markets, a 20% down payment alone exceeds the median home price in most U.S. cities.

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