South Bethany, Sussex County, DE

Median Home Price Price

$1,120,578 $1.1M

Median Monthly Rent Rent

$1,532 $1.5K

61.0x

Market Snapshot

South Bethany, Sussex County, DE is a city market with a median home price of $1,120,578, a median monthly rent of $1,532, a GRM of 61.0x, and a price-to-rent ratio of 61.0.

More markets to explore

Nearby alternative Lower GRM Lower price Similar rent
High confidence
Price $998.5K
Rent $1.5K
GRM 56.0x
Explore the data
Region Show
Dewey Beach
$999K $1.5K 56.0x
$828K $1.6K 44.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

No similar markets found for this scope.

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

South Bethany

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Benchmark comparison

Rent in South Bethany, DE is 2.8% higher than Dewey Beach, DE.

South Bethany, DE
Dewey Beach, DE
Delta
Median rent
$1,532
$1,490
-$42
Median price
$1,120,578
$998,511
-$122,067
YoY change
+$90
+$56
-$34
Price-to-rent
61.0x
55.8x
-5.2x

Key takeaways

  • South Bethany, Sussex County, DE has a higher-grm screening profile: At 61.0x 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 $90 year over year.
  • Rent in South Bethany, DE is 2.8% higher than Dewey Beach, DE.