Frederica, Kent County, DE

Median Home Price Price

$356,795 $356.8K

Median Monthly Rent Rent

$1,492 $1.5K

20.0x

Market Snapshot

Frederica, Kent County, DE is a city market with a median home price of $356,795, a median monthly rent of $1,492, a GRM of 20.0x, and a price-to-rent ratio of 19.9.

More markets to explore

02 Dover, Kent County, DE
Nearby alternative Lower GRM Lower entry Higher rent Rent momentum
High confidence
Price $326.6K
Rent $1.7K
GRM 16.0x
Explore the data
Region Show
Dover
$327K $1.7K 16.0x
Felton
$372K $1.4K 22.0x
Kent Acres
$329K $1.5K 18.0x

Home prices

Monthly rent

GRM = home price / annual rent

No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Wake, Middlesex County, VA
$336K $1.0K 27.0x
Southampton, Hampshire County, MA
$474K $1.5K 26.0x
Moreland, Coweta County, GA Explore deeper
$455K $1.5K 25.0x

Home prices

Monthly rent

GRM = home price / annual rent

Frederica

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Benchmark comparison

Rent in Frederica, DE is 12.7% lower than Dover, DE.

Compare to Dover, DE
Frederica, DE
Dover, DE
Delta
Median rent
$1,492
$1,709
+$217
Median price
$356,795
$326,647
-$30,148
YoY change
+$76
+$88
+$12
Price-to-rent
19.9x
15.9x
-4.0x

Key takeaways

  • Frederica, Kent County, DE has a higher-grm screening profile: At 20.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $76 year over year.
  • Rent in Frederica, DE is 12.7% lower than Dover, DE.