What's a healthy ratio in Delaware?

Under 3.0 is considered affordable; 3.0-4.0 moderate; 4.0-5.0 seriously unaffordable; over 5.0 severely unaffordable.

Does this account for interest rates?

No, price-to-income is rate-agnostic so it stays comparable across cycles.

What if my income is higher?

Your personal ratio matters more than the market median. Use it as a relative comparison.

Buyer authority DE

Most affordable cities for home buyers in Delaware.

Affordability = how many years of household income buys the median home. This ranks Delaware cities by price-to-income ratio (lower = more affordable).

Last updated September 2026

Delaware ranking

27 cities ranked. Click any row for the matching local page.

#	City	Price-to-income ratio	Score
1	Newark	5.5x income	42	View →
2	Wilmington	5.1x income	48	View →
3	Dover	5.1x income	48	View →
4	New Castle	5.1x income	48	View →
5	Millsboro	5.1x income	48	View →
6	Bear	5.0x income	50	View →
7	Smyrna	4.7x income	56	View →
8	Seaford	4.7x income	56	View →
9	Lewes	4.7x income	56	View →
10	Milford	4.7x income	56	View →
11	Georgetown	4.7x income	56	View →
12	Laurel	4.7x income	56	View →
13	Claymont	4.7x income	56	View →
14	Camden Wyoming	4.7x income	56	View →
15	Felton	4.7x income	56	View →
16	Rehoboth Beach	4.7x income	56	View →
17	Magnolia	4.7x income	56	View →
18	Harrington	4.7x income	56	View →
19	Milton	4.7x income	56	View →
20	Clayton	4.7x income	56	View →
21	Frankford	4.7x income	56	View →
22	Bridgeville	4.7x income	56	View →
23	Selbyville	4.7x income	56	View →
24	Lincoln	4.7x income	56	View →
25	Townsend	4.6x income	57	View →
26	Middletown	4.5x income	59	View →
27	Hockessin	3.5x income	75	View →

Methodology

Ratio = estimated home value ÷ average household income (Census ACS). Demographia bands (under 3.0 affordable, over 5.0 severely unaffordable) are designed around medians, so treat these as directional. Cities whose true median home value likely exceeds the dataset's modeled value (e.g. SF Bay, Manhattan) are flagged in their state pages.

FAQ

What's a healthy ratio in Delaware?: Under 3.0 is considered affordable; 3.0-4.0 moderate; 4.0-5.0 seriously unaffordable; over 5.0 severely unaffordable.
Does this account for interest rates?: No, price-to-income is rate-agnostic so it stays comparable across cycles.
What if my income is higher?: Your personal ratio matters more than the market median. Use it as a relative comparison.