Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 1,347 people, 545 houses or apartments, and a median cost of homes of $358,753, Felton real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Felton, accounting for 70.69% of the town's housing units. Other types of housing that are prevalent in Felton include large apartment complexes or high rise apartments ( 18.29%), duplexes, homes converted to apartments or other small apartment buildings ( 7.82%), and a few row houses and other attached homes ( 1.95%).
The most prevalent building size and type in Felton are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 59.27% owning and 40.73% renting.
Felton homes and real estate are some of the newest in America. 41.92% of Felton's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Felton real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 40.68%), and before 1939 ( 11.72%). There's also some housing in Felton built between 1940-1969 ( 5.68%).
Felton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Felton during the period has been just 5.64%, which is lower than 70% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Felton's appreciation rate, at 7.25%, has been at or slightly above the national average. In the latest quarter, Felton's appreciation rate has been 6.48%, which annualizes to a rate of 28.54%.
Importantly, this makes Felton one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Delaware, our data show that Felton's latest annual appreciation rate is higher than 50% of the other cities and towns in Delaware.
$358,753
for Delaware
for nation
545
$1,711 / per month