Market Update - A Local Perspective

New Castle County, DE

May was an active month in New Castle County, with new listings rising 9.2%, closed sales increasing 3.7%, and under contract activity climbing 10.1% compared to last year. Home values continued to strengthen, with the median sales price reaching $389,900, up 5.4% year over year.

Kent County, DE

Kent County saw steady buyer demand in May, with under contract activity increasing 7.1% and new listings up 2.7% from a year ago. The median sales price rose to $360,000, a 4.0% increase, while homes sold more quickly than last year.

Sussex County, DE

Sussex County experienced mixed results in May, with under contract activity increasing 9.0% despite declines in new listings and closed sales. The market continued to normalize, with homes spending slightly more time on the market and the median sales price settling at $440,000.

Southern Chester County, PA

Southern Chester County continued to show strength in May, with closed sales jumping 36.4% and new listings increasing 8.6% compared to last year. The median sales price rose 5.6% to $575,516, while homes sold quickly and often above asking price.

Cecil County, MD

Cecil County posted positive results in May, with new listings up 21.5% and closed sales increasing 10.9% year over year. Median sales prices remained stable, while sellers continued to receive a strong percentage of their original list price.

Reports are based on data supplied by Bright MLS. Bright MLS does not guarantee nor is responsible for its accuracy. Data maintained by an MLS may not reflect all real estate activities in the market. Information is deemed reliable but not guaranteed. Data is as of 6/8/2026.

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