Ocean View, DE Home Values & Market Trends

Real estate market trends reflect that there have been 542 transactions over the past year in Ocean View. The median value for residential home transactions that occurred over the previous year is $548,902.49. The number of current listings in Ocean View is 28, and the percentage of properties for sale in the city is 28.00%. Ocean View, DE currently has 3 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 28 properties for sale.

Ocean View, DE Real Estate Market Overview

ZipMedian Est. Value
19970

$ 585,628

$ 298/sqft

Housing Market Summary for Ocean View, DE

Mar 2023February 2024Change
Median Listing Price$710K$576.4K-18.81%
Median Sold Price$530K$576.4K8.75%
Homes For Sale162450.00%
Homes Sold17523634.86%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Ocean View, DE

Ocean View home values range from $74,693 to $5,479,407. The median estimated value of a home in Ocean View is $548,902.49. The median list price of a home is 632,500, and the total count of properties in the city is 9,536.

Foreclosure
There is 1 zips within Ocean View, DE; within this zips, the median estimated home value for homes in foreclosure ranges from $616,702 in 19970 to the lowest value of $350,000 in 19970. Foreclosure homes account for 0.00% of properties in Ocean View, DE with 19970 containing 3 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.03% of all residential properties in Ocean View, DE with 19970 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Ocean View, DE; of that zips, the estimated home value for pre-foreclosure homes ranges from $616,702 in 19970 to the lowest home value of $350,000 in 19970.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Ocean View, DE ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Ocean View, DE. There is 1 zips within Ocean View, DE; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Ocean View, DE. Auction homes and other auction properties account for 0% of all properties in Ocean View, DE. There is 1 zips within Ocean View, DE; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.29% of residential properties in Ocean View, DE with 19970 containing 28 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Ocean View, DE; homes for sale in that zips, have a range of median values from $1,095,000 in 19970 to the lowest value of $230,864 in 19970.
    Sold Homes
    The median value for recently sold homes ranges from $2,099,186 in 19970 to the lowest price of $119,900 in 19970. There is 1 zips within Ocean View, DE. 19970 has 231 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.40% of properties in Ocean View, DE.

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      Guide for Ocean View, DE

      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Home Buying Guides & Tips
      How Do You Buy a House if You’re Broke?
      Market Reports
      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      See More Articles
      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      How Do You Buy a House if You’re Broke?
      Home Buying Guides & Tips|posted 20 March 2024

      What can you do when you want to buy a house when you’re strapped for cash?

      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Market Reports|posted 20 March 2024

      This blog post analyzes the rising trends in the Lexington, KY real estate market from March 2023 to February 2024, and compares them with surrounding cities.

      Recently Listed Homes Ocean View, DE

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