Delaware Housing Market: Get Ready to Buy a Home in 2025

Delaware presents an attractive opportunity for homebuyers in 2025, offering several compelling advantages. The state’s housing market has experienced steady appreciation, and Delaware’s favorable tax policies, including the absence of state and local sales taxes, enhance the financial appeal of purchasing a home. These factors, combined with the state’s strategic location and quality of life, make Delaware a promising choice for homebuyers in the coming years. If you’re interested in new construction homes in Delaware contact us today to schedule a tour.

Why You Should Buy a Home in Delaware in 2025

Delaware’s housing market has shown steady appreciation, making it an attractive option for homebuyers seeking long-term value and stability. While home prices have risen at a modest and sustainable pace, the state continues to offer affordable housing options compared to neighboring markets like Maryland, Pennsylvania, and New Jersey. This consistent growth in home values gives buyers the potential for strong equity gains over time.

Beyond home values, Delaware’s tax-friendly policies further enhance its financial appeal. The state does not impose a sales tax, allowing residents to save on everyday purchases, and it offers low property taxes, making homeownership more cost-effective in the long run. Additionally, Delaware has no state-level inheritance or estate tax, making it particularly appealing for retirees and investors looking to preserve wealth across generations.

These factors, combined with Delaware’s proximity to major metropolitan areas like Philadelphia, Baltimore, and Washington, D.C., make it a strategic and financially sound place to buy a home.

How to Find the Best New Construction Homes

You can use a Multiple Listing Service (MLS) website to search for new construction homes in Delaware. However, consulting a local real estate agent can provide personalized guidance and access to exclusive listings. One of the key factors to consider when buying a home in any location. Buying directly from a home builder also offers advantages – like new construction homes that are modern, energy efficient and require less repairs & maintenance.
Proximity to essential amenities, such as restaurants, shopping centers, healthcare facilities, and recreational areas, can significantly impact quality of life. Additionally, living near major transportation hubs, including highways and commuter rail stations, can enhance convenience and accessibility for work and travel.
Among the top areas for homebuyers in Delaware is Wilmington. A highly desirable location that offers a vibrant urban lifestyle with a thriving dining scene, entertainment venues, and abundant shopping options.

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Steps to Take to Prepare for Your Home Purchase

Take several steps to get ready to purchase a new home in 2025. It’s a good idea to check your credit score from all three major credit bureaus. Correct any errors you may find and look for ways to boost your credit score, such as paying off debt.

You’ll also need to:

  • Identify your home-buying budget.
  • Set aside a down payment.
  • Get pre-approved for a mortgage.
  • Schedule a viewing of our new construction homes.

These steps will put you in the best position to purchase your new home in 2025. By improving your credit score, setting a budget, and securing mortgage pre-approval, you’ll better understand your financial standing and be ready to act when you find the perfect home.

Discover Your New Home in Delaware

If you’ve decided that Wilmington is the right place for you, take a closer look at The Parke at Foulkstone—Montchanin Builders’ newest master-planned community in Wilmington. This cozy active-adult community has just 31 new construction townhomes, which preserves its neighborly vibe.

Plus, you’ll love the luxurious touches, like the first-floor owner’s suite, loft/home office area on the second floor, and plenty of storage options. You can even choose from some upgrades, if you wish, such as an optional patio.

Schedule a Viewing in Wilmington Today

It’s a great time to buy a new home, and Montchanin Builders is pleased to introduce you to our newest master-planned community: The Parke at Foulkstone. This active adult community in the heart of Wilmington, DE, is an exclusive neighborhood with convenient amenities and luxurious touches. Contact us today to schedule a tour of our new construction homes in Wilmington, DE at The Parke at Foulkstone.