19940, Delmar, DE

The 19940 zip code of Delmar, DE has a median home value of $130,000. This is lower than the Delaware median home value of $173,500. The 19940 zip code also has a lower than average home equity of $41,000. This indicates that many homes in this zip code are not fully paid for and may be worth less than their original purchase price.

Delmar is a small town located in southern Delaware. It has a population of just over 10,000 people and is known for its wineries and agricultural production. The economy in Delmar is primarily based on agriculture and tourism.

There has been an increase in home values in the 19940 zip code over the past five years. In 2013, the median home value was $120,000 while in 2017 it had increased to $130,000. This indicates that there is an increasing demand for homes in this area and that prices are likely to continue to rise over the next few years.