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 $154. The median price of homes currently listed in Lewes is $349,900 while the median price of homes that sold is $303,500. The median rent price in Lewes is $1,400, which is higher than the Seaford Metro median of $1,295.

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 2.9%, which is lower than the national value of 6.3%. 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 9.7%.

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Relative ZHVI
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Lewes Market Overview

Data through Feb 28, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $349,900 Median listing price
  • $303,500 Median sale price (Dec 31, 2014)
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Lewes Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • 9.7% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 2.9% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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US Metro Areas

Name Median ZHVI
Los Angeles Metro $516,700
New York Metro $369,400
Washington Metro $347,500
Name Median ZHVI
Philadelphia Metro $192,100
Miami-Fort Lauderdale Metro $190,300
Chicago Metro $178,500
Name Median ZHVI
Houston Metro $154,700
Dallas-Fort Worth Metro $143,900
Atlanta Metro $140,300

Listings & Sales

Data through Feb 28, 2015
  • $169 Median list price / sq ft
  • $152 Median sale price / sq ft (Dec 31, 2014)
  • 8.3% Listings with price cut
27.6%
Sold below listing
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Lewes Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,542 Lewes
    $1,416 Seaford Metro
    $1,355 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
  • $1,400 Rent list price
  • No recent data Rent list price / sq ft
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