19944, Fenwick Island, DE

The 19944 zip code of Fenwick Island, DE has a median home value of $1,853,000. The home equity in this zip code is $1,527,000. Home prices have increased by 10% since 2004.

There are a number of factors that contribute to the high home values in this zip code. First and foremost is the location - Fenwick Island is located on the Delaware coast just north of Rehoboth Beach and just south of Dewey Beach. It's a popular tourist destination with plenty of amenities nearby, including golf courses and restaurants. Additionally, the area has experienced very low unemployment rates over the past few years which has helped to drive up prices.

Despite these positive factors, there are some potential risks associated with buying a home in this zip code. For one thing, prices have been rising rapidly for several years now which could lead to a slowdown in future growth rates. Additionally, although Fenwick Island is generally considered to be a safe community with low crime rates, it does have a higher than average rate of property theft so buyers should be aware of that risk when making an offer on a property or when signing any paperwork related to their purchase.