Do homes in Delaware City sell?

Question

Does anyone have experience selling in Delaware City?  Looking at a house to flip, but we were told by an agent that houses in that area don't sell well.  Thoughts?

Eric Armstrong · Answer

Account Closed, homes definitely sell in Del City.  If you make it nice and price it right, someone will buy it.  It is one of the more affordable areas in NCC.  Have your agent send you a list of comps and look at days on market and price adjustments.  One thing you will have to pay attention to is about 1/2 od DE City is in a FEMA flood zone so the buyer will need to be comfortable with that and willing to pay the flood insurance.  Many buyers who are interested in living near a large body of water should expect to pay for that insurance.

Account Closed · Answer

Thanks for your input Eric.  It's good information.

Candace Ebanks · Answer

Hi Travis,

As a local REALTOR Out of Middletown and familiar with Delaware city area. I would say that overall the market is good in New castle county. Delaware city in particular isn’t necessarily the most active market (there’s not that many house going up for sale there). Inventory there is low which is pretty consistent with the state however, every house that went on the market, sold in an average of 88 days. This is a little more than the aver DOM of the county. As the other gentleman said a lot of that area is in a flood zone. Which will attract a specific type of buyer. There are other areas better suited for investment.

Do homes in Delaware City sell?

Most Popular Reply