Comprehensive market data and analysis• Updated Dec 2025
3.2 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 2 | 6 | 10 | 27 |
| 1-2 acres | - | 1 | 2 | 3 |
| 2-5 acres | - | 4 | 6 | 6 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | 1 | 1 | 1 |
| 20-50 acres | - | 2 | 2 | 3 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 14 | 21 | 40 |
Acreage buckets
The median price for land in Lewes, Delaware is currently $469K per acre. For a typical parcel, the median sale price is $345K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $103K while premium lots reached $652K.
Lewes, Delaware is currently a seller's market with 3.2 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 80.8% year-over-year.
Lewes, Delaware currently has 3.2 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
Over the past 12 months, Lewes, Delaware saw 40 properties sold, totaling $37.1M in sales volume. In just the last 3 months, 14 properties changed hands.
The 3-month absorption rate in Lewes, Delaware is 31.1%. The 12-month rate is 22.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Lewes, Delaware is 31.1% (3-month basis), indicating strong demand. With depreciating values (-80.8% YoY), buyers may find value opportunities. The top-performing broker in this market is Monument Sotheby's International Realty.
The median land price in Lewes, Delaware stands at $345K. This translates to roughly $469K per acre for the typical parcel size. The average price is $927K, indicating some higher-priced properties pulling up the average.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
