Market Overview
Home Prices in Dewey Beach, DE
The median home value in Dewey Beach, DE is $1,153,021 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.4% compared to a year ago and down 8.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dewey Beach are priced181% above average. Dewey Beach is part of the Salisbury, MD-DE metro area.
Over the past five years, Dewey Beach home values have risen by approximately0.5%, reflecting modest growth in this market.
Price History
Dewey Beach Home Price Trend
City Comparison
Dewey Beach vs. National Median
At $1,153,021, homes in Dewey Beach cost 181% above the national median of $410,000. Buyers in Dewey Beach should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Dewey Beach?
20% Down Payment
$230,604
on $1,153,021
Monthly P&I
$6,013/mo
30-yr @ 6.8%
Total Monthly Est.
~$7,637/mo
incl. taxes & insurance
Income Needed
$305,480
gross annual (30% rule)
10% Down Option
$115,302
+ PMI applies
Loan Amount (20% dn)
$922,417
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Dewey Beach, DE?
The median home value in Dewey Beach is $1,153,021 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.4% year-over-year.
How much have home prices changed in Dewey Beach?
Over the past year, home values in Dewey Beach have increased by 6.4%. Over five years, prices have risen approximately 0.5%.
How much do I need to earn to buy a home in Dewey Beach?
To comfortably afford the median home price of $1,153,021 with a 20% down payment ($230,604) at today's rates (6.8%), you'd need a gross annual income of approximately $305,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Dewey Beach compare to the national average home price?
The national median home value is approximately $410,000. At $1,153,021, homes in Dewey Beach are 181% above the national average.
What metro area is Dewey Beach part of?
Dewey Beach is part of the Salisbury, MD-DE metropolitan area. Home prices and market conditions can vary across the broader metro region.