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 $162, which is higher than the Seaford Metro average of $151. The median price of homes currently listed in Lewes is $324,990 while the median price of homes that sold is $292,400. The median rent price in Lewes is $1,250, which is higher than the Seaford Metro median of $1,200.

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 6.9%. 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 11.6%.

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Relative ZHVI
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Lewes Market Overview

Data through Aug 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $324,990 Median listing price
  • $292,400 Median sale price (Jul 31, 2014)
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Lewes Market Health

Data through Aug 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 11.6% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 2.4% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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US Metro Areas

Name Median ZHVI
Los Angeles Metro $532,600
New York Metro $378,200
Washington Metro $358,000
Name Median ZHVI
Miami-Fort Lauderdale Metro $203,800
Philadelphia Metro $199,100
Chicago Metro $185,800
Name Median ZHVI
Atlanta Metro $150,700
Houston Metro $150,000
Dallas-Fort Worth Metro $147,000

Listings & Sales

Data through Aug 31, 2014
  • $162 Median list price / sq ft
  • $152 Median sale price / sq ft (Jul 31, 2014)
  • 31.9% Listings with price cut
21.4%
Sold below listing
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Lewes Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,444 Lewes
    $1,340 Seaford Metro
    $1,328 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
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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