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 $164, 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 $271,500. 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 6.9%. 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 Sep 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $324,990 Median listing price
  • $271,500 Median sale price
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Lewes Market Health

Data through Sep 30, 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 $531,000
New York Metro $381,600
Washington Metro $359,300
Name Median ZHVI
Miami-Fort Lauderdale Metro $205,200
Philadelphia Metro $202,700
Chicago Metro $188,200
Name Median ZHVI
Atlanta Metro $151,900
Houston Metro $150,300
Dallas-Fort Worth Metro $148,400

Listings & Sales

Data through Sep 30, 2014
  • $164 Median list price / sq ft
  • $152 Median sale price / sq ft (Jul 31, 2014)
  • 32.5% Listings with price cut
27.0%
Sold below listing
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Lewes Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,458 Lewes
    $1,335 Seaford Metro
    $1,335 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
  • No recent data Rent list price / sq ft
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