Dewey Beach is located in Sussex, Delaware, with an estimated municipal population of 400 residents. All of the best foreclosed homes for sale in Dewey Beach are located in the following zip code areas on Foreclosure.com: 19971. The estimated population per square kilometer (.62 miles) in Dewey Beach is 466.
So, about how much do homes cost in Dewey Beach? The most recent median value of resident-owned homes in Dewey Beach is 642,961. An estimated 88.1 percent of households in Dewey Beach own their homes, with an average family size of 2.33. The median household income in Dewey Beach is 102,768, with51.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Dewey Beach, the median commute time of resident workers (in minutes) is 32.4. And last, but certainly not least, are you looking for homes to rent in Dewey Beach? If so, the average rent price paid by renters in Dewey Beach is 1,292, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Dewey Beach, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Dewey Beach is 61.3, split between 46.7 percent male versus 53.3 female. The percentage of residents who report being married in Dewey Beach is 65.8, with an average family size of 2.33.
The percentage of residents who report their race in Dewey Beach is as follows:
| White | 98.5% |
| Black / African American | 0% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 1.5% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Dewey Beach? Or maybe you are searching for 55+ active adult communities in and/or near Dewey Beach?
The percentage of residents who report their age in Dewey Beach is as follows:
| Under 10 | 0% |
| Aged 10-19 | 8.7% |
| 20s | 3.6% |
| 30s | 6.3% |
| 40s | 5.4% |
| 50s | 22.6% |
| 60s | 24.3% |
| 70s | 21% |
| 80+ | 7.8% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Dewey Beach with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Dewey Beach.
How do you know that living in -- or moving to -- Dewey Beach is right where you need to be? Perhaps you grew up in Dewey Beach or already live nearby; therefore, the decision to buy a home in Dewey Beach is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Dewey Beach for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Dewey Beach:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Dewey Beach.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Dewey Beach can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Dewey Beach, meanwhile, can field multiple offers from more qualified buyers.
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