JAY SCHULMAN
Coldwell Banker Realty
(484) 592-6595
85 Total Sales
11
$260K - $525K Price Range
Lewes
Located in Sussex County
As the first town in the first state in the US, Lewes, Delaware, has a claim to fame. But its housing market, devoid of any personal property tax or estate tax and claiming the rank of the third lowest real estate tax in the country, also puts Lewes in a very unique and attractive position to home buyers. The townhomes and elegant estates of this tiny town sit side by side in its four square mile area. Seniors, especially, will appreciate the one-third reduction in property tax that Lewes offers.
Families will be interested to know that the Cape Henlopen School District serves Lewes, offering access to several elementary, middle, and high schools with opportunities to attend two colleges in the city, as well. Because it’s within a 200 mile drive of major areas like Washington, D.C., New York, and Baltimore, residents are not limited by the town’s cozy size. Several buses and a railway make public transportation easy, and many tourists visit Lewes for summertime fun at the beach for a quiet vacation or weekend escape. Lewes is within a short drive of the nation’s capital.
With a population that hovers under 3,000, you might not expect that Lewes is one of the main cities in the very rapidly expanding Cape region of Delaware. Fishing, kayaking, hiking, and walking are some of the activities that can be enjoyed along the coast, though there are also numerous golf courses nearby for those who enjoy the game. Lewes adjoins Cape Henlopen State Park and is a mere two miles from the coastal waters and beach of the Atlantic. Recommended to be one of the top places to retire, Lewes’ senior citizens enjoy not only the tax breaks but the 150 outlet mall shops, the twenty-five miles of trails nearby, and the quality medical care that is located in the town itself.
Interested in learning more about homes in this area? Reach out to , an experienced agent in this area.
Agents Specializing in this Area
-
JAY SCHULMAN
-
Shaun Tull
Shaun Tull
Responds QuicklyJack Lingo - Rehoboth
(302) 253-7645
291 Total Sales
54
$300K - $14.2M Price Range
-
George Ehrmann
George Ehrmann
Coldwell Banker Premier - Milford
(302) 253-7405
46 Total Sales
4
$220K - $535K Price Range
-
Victoria Hudgins
Victoria Hudgins
Patterson-Schwartz-Rehoboth
(302) 335-6116
54 Total Sales
1
$325,000 Price
-
Adam Linder
Adam Linder
Northrop Realty
(302) 643-3114
114 Total Sales
30
$269K - $3M Price Range
-
DEBBIE REED
DEBBIE REED
RE/MAX Realty Group Rehoboth
(302) 303-8919
866 Total Sales
242
$40K - $1.2M Price Range
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Lewes Housing Trends
On average, homes in Lewes, DE sell after 64 days on the market compared to the national average of 70 days. The median sale price for homes in Lewes, DE over the last 12 months is $635,000, consistent with the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$619,888
Median Sale Price
$635,000
Median Single Family Sale Price
$674,962
Median Townhouse Sale Price
$589,900
Median 2 Bedroom Sale Price
$350,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
884
Median Home Sale Price YoY Change
0%
Average Price Per Sq Ft
$287
Neighborhood Facts
Number of Homes in Neighborhood
11,891
Number of Homes for Sale
108
Median Year Built
2006
Months of Supply
1.50
Average Single Family Home Size Sq Ft
2,398
Above the national average
1,924
Average Townhouse Size Sq Ft
2,215
Average 2 Bedroom Size Sq Ft
1,264
Average 1 Bedroom Size Sq Ft
1,089
Median Lot Size Sq Ft
10,890
Open Houses
-
-
-
Saturday, Aug 2Open Sat 11AM - 1PM
Homes for Sale
Homes for Rent
-
$1,950 - $2,575 per month
- Beach Plum Dunes
- 2 - 3 Beds
- 2 Baths
- 963+ Sq Ft
- 36916 Crooked Hammock Way
- Lewes, DE
-
-
$1,670 - $3,750 per month
- MI-Place at the Vineyard
- 1 - 4 Beds
- 1-3 Baths
- 664+ Sq Ft
- 12001 Old Vine Blvd
- Lewes, DE
Condo Buildings
Distribution of Home Values
Average Home Value
Property Mix - Square Feet
Lewes Has More Owners
Demographics
Total Population
5,210
Median Age
65
Population Density
4 ppl/acre
Population under 18
11.4%
Below the national average
23.8%
Population over 65
49.9%
Significantly above the national average
19.1%
Finances
Median Household Income
$88,179
Above the national average
$71,702
Average Household Income
$125,899
Education and Workforce
High School Graduates
91.1%
College Graduates
58.8%
Above the national average
34.1%
Advanced Degrees
34.6%
% Population in Labor Force
42.8%
Below the national average
65.1%
Weather
Annual Precipitation
48''
Average Winter Low Temperature
26°F
Average Summer High Temperature
87°F
Annual Snowfall
4''
Area Factors
Somewhat Bikeable
Bike Score®
38
/ 100
Car-Dependent
Walk Score®
3
/ 100
Source: Walk Score
Source: Walk Score
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
