The story of this market
The typical home in ZIP 19971 sells for about $639,000, or $356 per square foot.
Prices are down 20.6% from a year ago, which gives buyers more room to negotiate. Homes take about 75 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,513 a month.
ZIP 19971 — Rehoboth Beach
The 19971 housing market is experiencing a significant correction with median sale prices falling 20.6% year-over-year. High inventory levels relative to sales activity and extended days on market suggest a cooling environment for sellers in the Rehoboth Beach area.
Median prices moved down 20.6% year over year.
Homes spend a median of 75 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 94.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 7.7% — a stable, low-distress profile.
ZIP code tabulation area 19971
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).
- Funland4.61.4 mi
- Jungle Jim's4.50.8 mi
- Shell We Bounce Trampoline Park4.45.6 mi
- Viking Golf & Go-Karts4.517.4 mi
- White Water Mountain4.23.4 mi
- Cape Henlopen State Park4.85.5 mi
- Harpoon Hanna's4.317.4 mi
- Willow Creek Winery & Farm4.418.8 mi
- Schellville Village4.61.4 mi
- Freeman Arts Pavilion4.716.3 mi
- Rehoboth Beach Boardwalk4.71.5 mi
- Cape Henlopen State Park4.85.5 mi
- Bethany Beach Boardwalk4.711.5 mi
- Savannah Beach4.75.9 mi
- Delaware Seashore State Park4.66.3 mi
- Cape May Lighthouse4.717.6 mi
- Sunset Beach Gifts4.818.1 mi
- West End Garage4.518.4 mi
- Emlen Physick Estate4.519.1 mi
- The Brush Factory on Kings4.64.9 mi
- Cape Henlopen State Park4.85.5 mi
- Savannah Beach4.75.9 mi
- Delaware Seashore State Park4.66.3 mi
- Gordons Pond4.82.9 mi
- Holts Landing State Park4.68 mi
- Harpoon Hanna's4.317.4 mi
- South Jersey Marina4.719.8 mi
- Indian River Marina4.76.3 mi
- Lewes Yacht Club4.66.9 mi
- West Bay4.63.5 mi
- Bear Trap Dunes Golf Club4.411.5 mi
- The Rookery Golf Course4.311.7 mi
- Baywood Greens Golf Course and Clubhouse4.76.4 mi
- The Salt Pond Golf Club4.410.4 mi
- Kings Creek Country Club4.71.3 mi
- Tanger Rehoboth Beach - Seaside4.41.6 mi
- Tanger Rehoboth Beach - Surfside4.53.3 mi
- The Fresh Market4.30.9 mi
- Marshalls4.33.4 mi
- Outlets Delaware4.53.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.