Market Overview
Home Prices in Lewes, DE
The median home value in Lewes, DE is $596,133 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.1% compared to a year ago and down 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lewes are priced45% above average. Lewes is part of the Salisbury, MD-DE metro area.
Over the past five years, Lewes home values have risen by approximately17.3%, reflecting steady appreciation in this market.
Price History
Lewes Home Price Trend
2020
$431,769
$432K
—
2021
$508,186
$508K
+17.7%
2022
$602,868
$603K
+18.6%
2023
$595,535
$596K
-1.2%
2024
$602,094
$602K
+1.1%
2025
$596,911
$597K
-0.9%
2026
$596,133
$596K
-0.1%
City Comparison
Lewes vs. National Median
🏠 Lewes
$596,133
National Median
$410,000
At $596,133, homes in Lewes cost 45% above the national median of $410,000. Buyers in Lewes should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Lewes?
20% Down Payment
$119,227
on $596,133
Monthly P&I
$3,109/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,948/mo
incl. taxes & insurance
Income Needed
$157,920
gross annual (30% rule)
10% Down Option
$59,613
+ PMI applies
Loan Amount (20% dn)
$476,906
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 Lewes, DE?
The median home value in Lewes is $596,133 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.1% year-over-year.
How much have home prices changed in Lewes?
Over the past year, home values in Lewes have decreased by 0.1%. Over five years, prices have risen approximately 17.3%.
How much do I need to earn to buy a home in Lewes?
To comfortably afford the median home price of $596,133 with a 20% down payment ($119,227) at today's rates (6.8%), you'd need a gross annual income of approximately $157,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Lewes compare to the national average home price?
The national median home value is approximately $410,000. At $596,133, homes in Lewes are 45% above the national average.
What metro area is Lewes part of?
Lewes is part of the Salisbury, MD-DE metropolitan area. Home prices and market conditions can vary across the broader metro region.