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There are currently 22 real estate properties in South Bethany, DE, with a median automated valuation model (AVM) price of $1,384,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in South Bethany, DE, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in South Bethany, DE, is $1,598,837.00, with the most expensive house in South Bethany, DE, topping out at $4,695,937.00 and the cheapest home in South Bethany, DE, clocking in at $349,200.00. In other words, there’s something for every potential homebuyer or savvy investor in South Bethany, DE!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in South Bethany, DE, is on a rollercoaster ride. The average rent price in South Bethany, DE, is $1,823.00. Indeed, when looking to rent in South Bethany, DE, you can expect to pay as little as $1,560.00 or as much as $2,130.00, with the average rent median estimated to be $1,810.00. The good news is that finding an affordable and desirable property to rent in South Bethany, DE -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
South Bethany is located in Sussex, Delaware, with an estimated municipal population of 530 residents. All of the best foreclosed homes for sale in South Bethany are located in the following zip code areas on Foreclosure.com: 19930. The estimated population per square kilometer (.62 miles) in South Bethany is 406.
So, about how much do homes cost in South Bethany? The most recent median value of resident-owned homes in South Bethany is 739,942. An estimated 99.2 percent of households in South Bethany own their homes, with an average family size of 2.12. The median household income in South Bethany is 91,875, with46.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in South Bethany, the median commute time of resident workers (in minutes) is 30.4.
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 South Bethany, 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 South Bethany is 69.5, split between 49.5 percent male versus 50.5 female. The percentage of residents who report being married in South Bethany is 72.4, with an average family size of 2.12.
The percentage of residents who report their race in South Bethany is as follows:
| White | 99.3% |
| Black / African American | 0% |
| Asian | 0.7% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near South Bethany? Or maybe you are searching for 55+ active adult communities in and/or near South Bethany?
The percentage of residents who report their age in South Bethany is as follows:
| Under 10 | 0% |
| Aged 10-19 | 1.2% |
| 20s | 3.3% |
| 30s | 0.9% |
| 40s | 1.9% |
| 50s | 15.7% |
| 60s | 29.1% |
| 70s | 31.9% |
| 80+ | 15.9% |
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 South Bethany with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in South Bethany.
How do you know that living in -- or moving to -- South Bethany is right where you need to be? Perhaps you grew up in South Bethany or already live nearby; therefore, the decision to buy a home in South Bethany is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to South Bethany 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 South Bethany:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like South Bethany.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in South Bethany can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in South Bethany, meanwhile, can field multiple offers from more qualified buyers.
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