The story of this market
The typical home in ZIP 19942 sells for about $325,000, or $185 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,650 a month.
ZIP 19942 — Farmington
The housing market in 19942 remains stable with steady demand and limited inventory. Prices have seen modest year-over-year growth, driven by the area's appeal to families and professionals. Market conditions are expected to remain balanced in the near term.
This ZIP is well-suited for families and professionals seeking a suburban lifestyle with reasonable access to employment centers. It appeals to those looking for a balance between affordability and community amenities.
Median prices moved up 3.2% year over year.
Homes spend a median of 42 days on market with 4.1 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 6.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 19942, Kent County DE
Crime rates in this area are generally lower than the state average, with property crime being the primary concern. Local law enforcement reports stable trends over the last three years.
Schools serving this ZIP are part of a district that maintains a solid reputation for academic performance and extracurricular engagement. Most local schools receive average to above-average ratings from state accountability metrics.
The area faces moderate risk from seasonal storm activity and localized flooding in low-lying zones. Property insurance premiums have seen upward pressure due to regional climate risk assessments.
Economic momentum is driven by proximity to regional employment hubs and steady residential development. Infrastructure improvements are focused on expanding local road capacity to accommodate recent population growth.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Delaware) — Agricultural Lands Preservation and Farmland Assessment Act Exemption: Qualifying land is valued based on its agricultural use productivity capability rather than fair market value, substantially reducing the taxable assessed baseline. State (Delaware) — Senior School Property Tax Credit and Elderly/Disability Exemption Framework: Provides a partial credit/exemption against property taxes. Under the Senior School Property Tax Credit (14 Del. C. § 1919), qualifying seniors receive a tax credit up to 50% of the school property tax up to a statutory dollar cap (e.g., $500 max). At the county level (e.g. State (Delaware) — County Assessment Ratio and Ad Valorem Property Taxation Structure: Delaware levies property taxes at county, municipal, and school district levels (the state itself levies no state-level property tax).
Residents primarily commute by car to nearby employment centers, with average travel times ranging from 25 to 35 minutes. Public transit options are limited, making personal vehicle ownership essential for most households.
The area features several community parks, walking trails, and access to local water bodies for outdoor recreation. Shopping and dining options are concentrated in small commercial corridors within a 3-mile radius.
The rental market is characterized by moderate vacancy rates and consistent demand from local workers. Rent growth has tracked with regional inflation, and there is a limited but active presence of short-term rental properties.
The local economy is supported by a mix of retail, healthcare, and small-scale manufacturing. Proximity to larger regional employment centers provides diverse job opportunities for residents.
Transportation is heavily reliant on highway corridors connecting the area to major employment hubs. Infrastructure investment is primarily directed toward road maintenance and traffic flow management.
Development is focused on maintaining the suburban character of the area while allowing for controlled residential growth. Major projects are limited to small-scale residential and commercial infill.
The county appraisal district conducts annual assessments to determine property values for tax purposes. Property owners have the right to appeal assessments through a formal protest process.
Parcels are subject to standard school district taxes and county-level service assessments. No major MUD or PID districts are currently active in this specific ZIP.
Property insurance remains available, though premiums are influenced by regional hazard risks. Homeowners are encouraged to maintain adequate coverage for wind and water damage.
Data retrieved from data.census.gov using ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Taylor Park Trading Post4.42.2 mi
- Gunnison National Forest4.811.4 mi
- Denny Creek Trailhead4.810.9 mi
- Silver Plume Rentals512.7 mi
- St. Elmo, CO4.712 mi
- Taylor Park Trading Post4.42.2 mi
- Gunnison National Forest4.811.4 mi
- Denny Creek Trailhead4.810.9 mi
- Cottonwood Pass57.1 mi
- Taylor Park Marina4.83.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features playgrounds, sports fields, and picnic areas for residents.
Provides essential retail, grocery, and dining services for the community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.