Best Places to Buy a House in Delaware

If you’re thinking about buying a house in Delaware, that’s a great idea! 

Whether you prefer the beach, the city, or the countryside, you can find a perfect home in Delaware that fits your needs and budget. It is a wonderful state with lots of nice places to live.

When you’re looking to buy a house, it’s important to find a place that makes you happy and that you can afford. You want to live somewhere that has the amenities and lifestyle you’re looking for.

In this article, we’ll explore some of the best places in Delaware to buy a house. We’ll look at the pros and cons of each location and give you an idea of what houses cost there. By the end, you’ll have a good sense of where you might want to buy your new home!

New Castle 

New Castle, Delaware
New Castle, Delaware – Wikipedia

A charming little town in northern Delaware. New Castle known for its cobblestone streets and historic buildings dating back to the 1600s. It’s close to the city of Wilmington but has a more relaxed, countryside feels.

One of the best things about New Castle is that houses are very affordable. The median price of a house in New Castle is $1.7M. That means half the houses cost less than that and half cost more. For comparison, the median house price in the United States is around $420,800.

Another great thing about New Castle is that it’s easy to find renters for your house. Houses in New Castle tend to rent out fast and get a lot of interest from people looking to rent. This is good news if you want to buy a house as an investment property.

The only downside of New Castle is that it’s a small town, with a population of 5,551 people. If you like having lots of shops, restaurants, and entertainment options nearby, you might find New Castle a bit quiet. But if you prefer a slower pace of life, New Castle could be perfect.

New Castle has a charming historic district with cobblestone streets and colonial-era buildings. It’s a great place to take a stroll and admire the architecture. The town also has a nice riverwalk along the Delaware River.

There are several parks in New Castle, including Battery Park which has a beautiful view of the river. The town hosts fun events throughout the year, like the Apple Festival in the fall and the Separation Day celebration in June.

While New Castle is small, it has a few good restaurants and bars. Jessop’s Tavern is a popular spot for classic American fare in a historic setting. Nora Lee’s serves up delicious Cajun and Creole cuisine. For a quick bite, Kathy’s Crab House & Family Restaurant known for its seafood.

If you want to live in a historic small town with a friendly community vibe, New Castle is definitely worth considering. The affordable houses and easy rental market make it an attractive option for homebuyers and investors alike.

Wilmington 

City Center, Wilmington, Delaware,
Aerial view of Wilmington, Delaware – Britannica

The Largest City in Delaware with Lots to Offer.

Wilmington is a great place to live if you want to be in a city with lots of jobs and things to do. It’s home to many big companies like AstraZeneca, Barclays, and JPMorgan Chase. Wilmington has a growing economy and a vibrant arts and culture scene.

One of the most affordable areas in Wilmington is the 19809-zip code. Houses in this area have a median price of $310,413. That’s still more expensive than New Castle, but it’s very affordable for a city.

Rent in Wilmington is also pretty reasonable, with an average of $1,543 per month. This makes Wilmington a good option if you want to buy a house as an investment and rent it out.

The main downside of Wilmington is that it can feel a bit crowded and busy compared to other parts of Delaware. Traffic can be heavy and parking can be hard to find. But if you don’t mind that, Wilmington has a lot to offer.

Wilmington has a vibrant downtown with lots of shops, restaurants, and cultural attractions. The Riverfront area, including the Chase Center event venue, is revitalized with new development. The city is home to the Delaware Art Museum and the Grand Opera House.

Sports fans will enjoy cheering on the Wilmington Blue Rocks minor league baseball team. Wilmington also has great parks like Brandywine Park and Alapocas Run State Park. The Brandywine Zoo is a fun spot for families.

If you like having a variety of dining options, Wilmington won’t disappoint. The city has everything from classic diners to upscale farm-to-table restaurants. Some top picks include Ernest & Scott Taproom, Toscana, and La Fia Bistro.

While Wilmington has an urban feel, it’s easy to get out of the city and enjoy nature. The Brandywine Valley is minutes away, with scenic countryside, wineries, and historic sites. The Delaware beaches are about an hour’s drive.

If you want to live in a city with a strong economy and lots of amenities, Wilmington is a great choice. The affordable housing and rental market make it accessible for homebuyers and investors.

Newark 

Newark, Delaware – Official Website

A College Town with a Young, Vibrant Vibe.

Last but not least is Newark, home to the University of Delaware. Newark has a young, college town feel thanks to all the students who live there, that’s why it’s the home to the University of Delaware. It’s a lively place with lots of shops, restaurants, and entertainment.

Houses in Newark have a median price of $400,000, which is higher than New Castle and Wilmington. Rent is also on the pricier side, with an average of $2,000 per month. But if you want to live in a city with a young, energetic vibe, Newark could be worth the extra cost.

One downside of Newark is that it can feel a bit crowded and busy, especially when school is in session. Traffic and parking can be challenging. But if you don’t mind that, Newark has a lot going for it.

Newark is centered around the University of Delaware campus, which is a hub of activity. The university has over 23,000 students and offers a wide range of academic programs. Newark known for its strong engineering and business schools.

Downtown Newark has a lively Main Street with shops, restaurants, and bars that cater to the student population. Restaurants like Klondike Kate’s and Caffe Gelato are popular hangouts. There are also fun events like the Newark Food & Brew Festival.

The University of Delaware brings a lot of energy and culture to Newark. The school has Division I sports teams, performing arts venues, and museums. The university also hosts lectures, concerts, and other events that are open to the public.

Newark has a walkable downtown and a good public transportation system, so you can get around without a car. The city is also close to major highways, making it easy to travel to other parts of Delaware and the region.

If you want to live in a college town with a young, vibrant atmosphere, Newark is a great choice. The city has a lot to offer entertainment, culture, and education. While housing costs are higher than some other areas, Newark’s amenities and location make it an attractive place to live.

Conclusion 

Find the Perfect Fit for Your Lifestyle and Budget.

As you can see, Delaware has many great places to buy a house, from historic small towns to lively cities. When you’re choosing where to buy, think about what’s most important to you. Do you want a quiet place with a slower pace of life? A city with lots of jobs and things to do? A college town with a young vibe?

Once you know what you’re looking for, do some research to find the best fit for your budget and lifestyle. Look at house prices, rent prices, and the cost of living in each area. Think about what kind of neighborhood you want to live in and what amenities are important to you.

With affordable prices and a growing population, Delaware is a smart place to invest in real estate. Whether you’re buying your first home or your tenth investment property, you’re sure to find a great place to call home in Delaware.

So, what are you waiting for? Start exploring Delaware and find your perfect house today! With a little research and some luck, you’ll be moving into your dream home before you know it.

Myeshia Baker

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