Home prices
Dewey Beach's median home price is $615,400. Compared to the surrounding areas it is roughly $149,580 (32%) higher.Compared to the rest of the nation it is roughly $397,900 (182%) higher, and compared to the city of Philadelphia it is approximately $452,400 (277%) higher.
Rents
Dewey Beach's median rent is $1,292 per month. This is roughly $82 (5%) lower compared to its surrounding areas.It is roughly $230 (21%) higher in comparison to the entire country, and compared to the city of Philadelphia it is approximately $250 (23%) higher.
Nearby places
Rehoboth Beach
Rehoboth Beach is roughly 1 mile north from Dewey Beach. Real estate prices there are significantly more expensive. The median home in Rehoboth Beach is valued at $1,017,100, which is $401,700 (39%) higher than Dewey Beach. Its rents are fairly similar. In Rehoboth Beach the median rent is $1,261 a month, which works out to $31 (2%) lower than Dewey Beach.
Long Neck
Long Neck is about 6 miles southwest of Dewey Beach. Its housing prices are a lot less expensive. The price of the median home in Long Neck is $72,900, which comes out to $542,500 (744%) lower than Dewey Beach. Its rents are somewhat more expensive. The median monthly rent in Long Neck is $1,365, which works out to $73 (5%) higher than Dewey Beach.
Lewes
Lewes is approximately 6 miles northwest of Dewey Beach. The housing prices there are a little less expensive. Lewes's median home value is $558,200, which works out to $57,200 (10%) lower than Dewey Beach. The rent there is somewhat less expensive. Lewes's median monthly rent is $1,065, which comes out to $227 (21%) lower than Dewey Beach.
Ocean View
Ocean View is about 11 miles south from Dewey Beach. Its housing prices are substantially less expensive. Ocean View's median home cost is $346,400, which works out to $269,000 (77%) lower than Dewey Beach. Rent there is a bit more expensive. Ocean View's median monthly rent is $1,645, which is $353 (21%) higher than Dewey Beach.
Millville
Millville is about 11 miles south of Dewey Beach. Its real estate prices are a lot less expensive. The median home price in Millville is $334,500, which works out to $280,900 (83%) lower than Dewey Beach. The rent there is somewhat more expensive. Millville's median monthly rent is $1,533, which works out to $241 (15%) higher than Dewey Beach.
