Across the U.S., we’re seeing a gradual rebalancing in the housing market—a trend that echoes right here in Delaware. Active inventory ticked up about 4% year over year, but that growth has lost some steam for the first time in five weeks. For buyers and sellers alike, this means a more balanced playing field, but no sudden surges in supply.
Homes averaged 61 days on the market, unchanged from last year and consistent with the typical late Q3 tempo we expect after a brisker start to 2026. New listings dipped around 1% compared to last year, returning to 2025 levels as both buyers and sellers weigh affordability and pricing with extra care.
The median listing price sits at $419,000—down about 1% year over year—and the median price per square foot has softened to $222, the lowest since early Q1 2026. These shifts, along with higher mortgage rates, are nudging the market in a more buyer-friendly direction, though the overall pace remains steady rather than fast-moving.
At The Coastal Real Estate Group, we keep a close eye on these trends to help you navigate your next move, whether it’s a beachside retreat or an investment property. Our experience across Sussex County and Delaware means you’ll have up-to-date insights and a partner who values communication every step of the way.
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