Is Delmar, DE 19940 a buyer’s or seller’s market?
Delmar is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 55% of U.S. ZIP codes, and #20 of 48 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown
The Delmar housing market right now
In the three months ending August 31, 2026, 50% of homes in Delmar, DE 19940 sold above their list price, the typical home went under contract in 34 days and there were 5.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 18%, homes sold faster (71 days then) and the median sale price held steady to $316,863. Overall, Delmar is more competitive than a year ago, so tougher for buyers.
Within Sussex County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Millville 19967 (0% sold over asking) or Millsboro 19966 (8% sold over asking).
Run the numbers for 19940
Nearby markets
Bethany Beach 19930Seller’s market $529 /sq ftBridgeville 19933Balanced $201 /sq ftDagsboro 19939Seller’s market $245 /sq ftEllendale 19941Seller’s market $208 /sq ft Browse all markets →Towns like Delmar nearby
Find towns like Delmar in other states →Where Delmar is
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Questions about Delmar real estate
Is Delmar a buyer’s or seller’s market?
A balanced market: there were 5.1 months of supply in Delmar, DE 19940 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Delmar?
The typical home went under contract in 34 days in the latest three months.
Do homes in Delmar sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 100.1% of the list price.
What are property taxes in Delmar?
About 0.32% of a home’s value a year in Sussex County, or roughly $1,280 on a $400,000 home.
What is the median home price in Delmar?
The median sale price was $316,863 in the three months ending August 31, 2026, about $152 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology