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 a population of 8,952, 3,516 total housing units (homes and apartments), and a median house value of $356,293, Seaford real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Seaford, accounting for 58.03% of the city's housing units. Other types of housing that are prevalent in Seaford include large apartment complexes or high rise apartments ( 22.26%), duplexes, homes converted to apartments or other small apartment buildings ( 12.74%), and a few row houses and other attached homes ( 6.96%).
The most prevalent building size and type in Seaford are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 47.91% owning and 52.09% renting.
Seaford homes and real estate are some of the newest in America. 32.70% of Seaford's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Seaford real estate market has to offer. Quite a bit of the housing here was also built between 1940-1969 ( 26.46%), and between 1970-1999 ( 25.97%). There's also some housing in Seaford built before 1939 ( 14.87%).
Vacant housing appears to be an issue in Seaford. Fully 10.03% of the housing stock is classified as vacant. Left unchecked, vacant Seaford homes and apartments can be a drag on the real estate market, holding Seaford real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Real estate appreciation rates in Seaford's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.42% during the period.
Over the last year, Seaford appreciation rates have trailed the rest of the nation. In the last twelve months, Seaford's appreciation rate has been 0.16%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Seaford were at -6.00%, which equates to an annual appreciation rate of -21.91%.
Notably, Seaford's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Delaware, our data show that Seaford's latest annual appreciation rate is lower than 60% of the other cities and towns in Delaware.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Seaford differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Seaford - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Seaford real estate investment or home purchase decisions.
$356,293
for Delaware
for nation
3,516
$1,678 / per month