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Delmar town, DE

ZIP 19940 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 19940

Median Home Value
$225,700
Median Rent
$773
Affordability Snapshot
$62,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,450/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.6x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

24.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 19940 in Delmar town, DE, a household would need roughly $62,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,450. That is roughly in line with the local median household income ($63,361). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
82.6%+26% vs US avg
x
Vacancy Rate
13.3%+29% vs US avg
x
Broadband Access
80.3%-8% vs US avg
x
4+ Bedrooms
3.3%-78% vs US avg
x
Built Pre-1939
5.0%-61% vs US avg
x
Built Post-2014
2.2%-68% vs US avg
x
Rent Burden >30%
18.8%-62% vs US avg
x
Mortgage-Free
32.0%-16% vs US avg
x
$225,700
Home Value
$773
Rent
1991
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached70.0%
  • 1-unit attached1.1%
  • 2-9 units7.7%
  • 10+ units2.0%
  • Mobile home & other19.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$225,700
Median rent$773
Owner-occupied82.6%
Vacant13.3%
Price-to-income3.6x
Est. income to buy$62,000