Shelley Farms, New Castle County, DE

Median Home Price Price

$403,730 $403.7K

Median Monthly Rent Rent

$1,556 $1.6K

22.0x

Market Snapshot

Shelley Farms, New Castle County, DE is a neighborhood market with a median home price of $403,730, a median monthly rent of $1,556, a GRM of 22.0x, and a price-to-rent ratio of 21.6.

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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

No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

Shelley Farms

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Delta
Median rent
$1,556
N/A
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Median price
$403,730
N/A
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YoY change
+$119
N/A
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Price-to-rent
21.6x
Data unavailable
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Key takeaways

  • Shelley Farms, New Castle County, DE has a higher-grm screening profile: At 22.0x 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 $119 year over year.