Elsmere, New Castle County, DE Housing Trends, Rent, Price-to-Rent

Market Summary

Elsmere, New Castle County, DE

Median Home Price Price

$234,660 $234.7K

Median Monthly Rent Rent

$1,928 $1.9K

GRM

10.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Elsmere, DE is $1,928, with MoM change +$15 and YoY change +$120 pointing to positive momentum while volatility is low (std $29).

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Metric

Base market Elsmere, DE

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Delta vs base

Median rent

$1,928

N/A

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Median price

$234,660

N/A

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YoY change

+$120

N/A

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Price-to-rent

10.1x

Data unavailable

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