Morningside, New Castle County, DE

Median Home Price Price

$540,338 $540.3K

Median Monthly Rent Rent

$1,528 $1.5K

29.0x

Market Snapshot

Morningside, New Castle County, DE is a neighborhood market with a median home price of $540,338, a median monthly rent of $1,528, a GRM of 29.0x, and a price-to-rent ratio of 29.5.

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Home prices

Monthly rent

GRM = home price / annual rent

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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

Morningside

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Delta
Median rent
$1,528
N/A
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Median price
$540,338
N/A
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YoY change
+$140
N/A
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Price-to-rent
29.5x
Data unavailable
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Key takeaways

  • Morningside, New Castle County, DE has a higher-grm screening profile: At 29.0x 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 $140 year over year.