Keep up with the latest real estate news in Delaware as home prices continue to soar

·1 min read

While rising interest rates may affect home sales in the coming months, the Delaware real estate market over the past few years has been as hot as asphalt on a sunny day in July.

The stories below describe the factors fueling the surge in home prices, tight supply and the difficulties finding affordable housing.

Consider bookmarking this page as the list will be updated throughout the summer.

Strong demand

 While beach towns dominate the list, Delaware's hottest home market may surprise you.

How hot is the real estate market in Delaware? Home prices rise year over year.

Impossible dream? Home buyers face record prices, bids thousands over list price

Low inventory

What could cool the hot housing market? Skyrocketing lumber prices and long waits for other supplies

Why Sussex County's young workforce feels 'handcuffed' by lack of affordable housing.

Boarded up homes sit within the older Wilmington Housing Authority homes across the street from the new affordable housing project as part of the Reach Riverside improvements to the neighborhood Monday, April 25, 2022.
Boarded up homes sit within the older Wilmington Housing Authority homes across the street from the new affordable housing project as part of the Reach Riverside improvements to the neighborhood Monday, April 25, 2022.

Why it is so hard to find affordable housing in Delaware?

Luxurious living

See inside the most expensive homes for sale in Wilmington and North Wilmington

Dover dream homes for sale: 10 most expensive listings include expansive lots and historic homes

Dreaming of a beach getaway? The top 10 Rehoboth beach homes start at $1.9 million

Check out the 10 most expensive homes for sale in and around Newark

Home building help

One Delaware housing nonprofit receives millions from MacKenzie Scott's Amazon fortune

Cottage manufacturing facility will bring 75 jobs to Georgetown

Reporter Ben Mace covers real estate, housing and development news. Reach him at rmace@gannett.com.

This article originally appeared on Delaware News Journal: Home prices remain high in Delaware. Read the latest housing news.