Is Lewes, DE 19958 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Lewes is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score35/ 100

More competitive than 32% of U.S. ZIP codes, and #36 of 47 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 August 31, 2026. See the breakdown

Months of supply4Under 4 months = seller’s market
Sold above original list13.1%Share of sales, last 3 months
Median sale-to-list99.4%Sold price ÷ list price
Median days on market75Listing to accepted offer
Median price per sq ft$266▼ −2.8% vs. last year

The Lewes housing market right now

In the three months ending August 31, 2026, 13% of homes in Lewes, DE 19958 sold above their list price, the typical home went under contract in 75 days and there were 4 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 306 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold about as fast and the median sale price fell 6% to $588,745. Overall, Lewes is less competitive than a year ago, which gives buyers more room.

Within Sussex County, homes here sell more slowly than in 70% of the county’s ZIP codes, and sell less often over asking than in 70%. On our competition score, Lewes ranks #36 of 47 DE ZIP codes with enough sales (score 35 out of 100).

Nearby, buyers who want less competition could look at Millville 19967 (0% sold over asking) or Millsboro 19966 (8% sold over asking), while Delmar 19940 (50% sold over asking) and Harbeson 19951 (36% sold over asking) are even more competitive.

Nearby markets

Bethany Beach 19930Seller’s market $529 /sq ftBridgeville 19933Balanced $201 /sq ftDagsboro 19939Seller’s market $245 /sq ftDelmar 19940Balanced $152 /sq ft Browse all markets →

Where Lewes is

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Questions about Lewes real estate

Is Lewes a buyer’s or seller’s market?

A balanced market: there were 4 months of supply in Lewes, DE 19958 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 Lewes?

The typical home went under contract in 75 days in the latest three months.

Do homes in Lewes sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.

What are property taxes in Lewes?

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 Lewes?

The median sale price was $588,745 in the three months ending August 31, 2026, about $266 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