Home Values

Lewes Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Lewes is $169, which is higher than the Seaford Metro average of $152. The median price of homes currently listed in Lewes is $334,990 while the median price of homes that sold is $317,000. The median rent price in Lewes is $1,325, which is higher than the Seaford Metro median of $1,300.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Lewes is 2.4%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Lewes homeowners underwater on their mortgage is 10.8%.

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Relative ZHVI
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Lewes Market Overview

Data through Nov 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $334,990 Median listing price
  • $317,000 Median sale price
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Lewes Market Health

Data through Nov 30, 2014
  • No recent data
  • No data Average days on Zillow
  • 10.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 2.4% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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US Metro Areas

Name Median ZHVI
Los Angeles Metro $532,200
New York Metro $382,900
Washington Metro $361,500
Name Median ZHVI
Miami-Fort Lauderdale Metro $208,000
Philadelphia Metro $203,600
Chicago Metro $188,800
Name Median ZHVI
Atlanta Metro $154,000
Houston Metro $151,800
Dallas-Fort Worth Metro $150,900

Listings & Sales

Data through Nov 30, 2014
  • $169 Median list price / sq ft
  • $145 Median sale price / sq ft (Oct 31, 2014)
  • No data Listings with price cut
27.6%
Sold below listing
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Lewes Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,492 Lewes
    $1,337 Seaford Metro
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $1,325 Rent list price (Sep 30, 2014)
  • No recent data Rent list price / sq ft
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