Duplex
2114 Seneca Rd · Elsmere, DE
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $476 – $884
Heat risk 7/10 · Major
- Hot days now (above 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +29.3/30.0
- DSCR +10.0/10.0
- ARV discount +7.4/15.0
- 1% rule +7.2/10.0
- Rent growth +4.1/5.0
- Livability +3.8/5.0
- Schools +3.1/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$249,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed
Listing remarks MLS
This is a Fannie Mae HomePath property and approved for HomePath Mortgage and Renovation Financing. Purchase for as little as 3% down! No PMI! Visit HomePath website or ask the listing broker for more information. Excellent opportunity for owner occupant to purchase with HomePath Financing, live in one unit and rent the other which would cover some if not all of the operating expenses. This brick duplex is a solid home and located conveniently in Elsmere just outside of Wilmington. Each unit features spacious great room, open to efficient kitchen, two well scaled bedrooms and one bathroom. Utilities are separate and include separate electric, efficient gas heat and gas fired domestic hot water. Full basement features outside entrance. Seller requires that offers are made via HomePath website. Contract package attached on Trend.
Key facts
- 2,614 sq ft lot
- Built 1950
- Listed 7 days
Property features AI
Finance
- Other: 1 total unit listed by building information; Above-grade finished area reported as 1,600 (per Assessor)
Exterior
- Parking: On-street parking
- Utilities: Public water; Public sewer; Electric service with circuit breakers; Natural gas for heating and hot water
- Home design: Interior townhouse/rowhouse; Fee simple ownership
- Construction: Brick construction; Block foundation; Flat roof; Built year per Assessor
- Exterior features: Sidewalks; Lot dimensions approximately 20 x 114.5
Interior
- Kitchen: Range hood; Refrigerator
- Bedrooms: Two 2-bedroom units (Unit 1, Unit 2)
- Flooring: Fully carpeted; Vinyl
- Heating & cooling: Forced air heating (natural gas); Wall unit cooling (electric)
- Interior features: Unfinished basement; Range hood; Refrigerator
- Laundry & utility: Washer; Dryer; Hot water: Natural gas
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2 × 2-bed/1.0-bath units multifamily listed at $250k.
Deal economics
- At list price, monthly cash flow is $881 ($11k/yr) — positive. Per door: $440/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $250k).
- Cap rate 10.5% vs local median 4.7% in Elsmere — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 76/100 on livability (#5 in DE, #3,599 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment B+; Watch: amenities F, commute F.
- Red Clay Consolidated School District (suburban): math 27% / reading 42% proficiency, ranked #12 of 26 in DE (top 46%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Baltz (Austin D.) Elementary School (math 14% / reading 24%, grade F, #83 of 105 statewide, top 79%, 528 students, 0% FRL); Dupont (Alexis I.) Middle School (math 7% / reading 24%, grade F, #33 of 36 statewide, top 91%, 492 students, 0% FRL); Mckean (Thomas) High School (math 2% / reading 17%, grade F, #38 of 40 statewide, top 100%, 927 students, 0% FRL) — zoned schools average 0% FRL vs 44% district-wide (44 pts lower); this property's tenant base skews higher-income than the district average.
- Zoned-school proficiency averages 15% at this address vs 34% district-wide (-20 pts) — the specific schools serving this property underperform the Red Clay Consolidated School District average; the district grade overstates school quality for this exact location.
- Market conditions: Rents rising fast (+6.3%/yr); 168 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); 1,367 units permitted in New Castle County in 2024 (201 in 5+ unit buildings).
- At $3,044/mo this rent would consume 61% of the median local household income ($60k/yr) (locally 1730% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
- New Castle County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
- At projected returns (-3.0% appreciation + 6.3% rent growth), your $70k cash investment doubles in ~7 years — after that, you're playing with house money.
Negotiation context
- Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
- 6 sale attempts since 30y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Risks & watch-outs
- Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.22% ✓
- Cap rate
- 10.52%
- Cash-on-cash
- 15.10%
- DSCR
- 1.67
- GRM
- 6.8
CMA / ARV
- ARV (median comp)
- $249,567
- List price
- $249,900
- Delta
- 0.13%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 8 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2114 Seneca Rd | 0.00mi | 4/2.0 | 1,600 (0%) | 0mo | $252,900 | $158 | 100 |
| 2123 Seneca Rd | 0.03mi | 4/2.0 | 1,600 (0%) | 3mo | $260,000 | $163 | 96 |
| 2112 Seneca Rd | 0.00mi | 4/— | 1,600 (0%) | 4mo | $220,000 | $138 | 96 |
| 2133 Seneca Rd | 0.03mi | 4/3.0 | 1,600 (0%) | 11mo | $231,500 | $145 | 85 |
| 2108 Seneca Rd | 0.01mi | 4/— | 1,600 (0%) | 20mo | $245,000 | $153 | 83 |
| 43 Elsmere Blvd | 0.08mi | 4/— | 1,600 (0%) | 19mo | $220,000 | $138 | 80 |
| 409 Greenhill Ave | 0.73mi | 4/— | 1,575 (-2%) | 9mo | $220,000 | $140 | 56 |
| 2705 W 4th St | 0.72mi | 4/2.0 | 1,575 (-2%) | 19mo | $230,000 | $146 | 48 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 6.35% rent growth · sell at horizon
- IRR
- 9.2%
- Equity multiple
- 1.37×
- Total profit
- $26,112
- Equity at exit
- $37,261
- IRR
- 20.8%
- Equity multiple
- 3.02×
- Total profit
- $141,253
- Equity at exit
- $21,607
Cash invested: $69,972 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 70 Landlord-Friendly
- State Delaware
- 70 Landlord-Friendly · D+7
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 19805
- Rents YoY
- 6.3%
- Active inventory
- 168
- Price-to-rent
- 13.7×
Monthly cashflow live
- Estimated rent
- $3,044 high interval (Pro) →
- Mortgage (P&I)
- −$1,311
- Tax from tax record
- −$110 /mo · $1,315/yr
- Insurance
- −$104
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$639
- Net cashflow
- $881
Break-even live
Sensitivity live
| Price | -10% $1,022 | -5% $951 | +0% $881 | +5% $810 | +10% $739 |
|---|---|---|---|---|---|
| Rent | -10% $640 | -5% $760 | +0% $881 | +5% $1,001 | +10% $1,121 |
| Rate | -1.0pp $1,006 | -0.5pp $944 | base $881 | +0.5pp $816 | +1.0pp $750 |
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 2 | 1 | $3,044 |
| #1 | 2 | 1 | $1,522 |
| #2 | 2 | 1 | $1,522 |
| Total (2 units) | $3,044 | ||
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $62,475
- Closing costs
- $7,497
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 31 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1936 Lakeview Rd Wilmington, DE | 3.0 | 1.0 | 1350 | $1,850 | $1.37 | 16d | 1 | 0.16mi |
| 1815 Maple St Wilmington, DE | 3.0 | 1.5 | 1100 | $1,995 | $1.81 | 0d | 1 | 0.50mi |
| 1802 Maple St Wilmington, DE | 3.0 | 1.5 | 1250 | $2,500 | $2.00 | 26d | 1 | 0.50mi |
| 1122 Coyne Pl Wilmington, DE | 3.0 | 1.0 | 1350 | $1,950 | $1.44 | 45d | 1 | 0.53mi |
| 205 Western Ave Wilmington, DE | 4.0 | 2.5 | 1225 | $2,300 | $1.88 | 45d | 1 | 0.54mi |
| 1016 Clayton Rd Wilmington, DE | 3.0 | 1.0 | 1150 | $1,850 | $1.61 | 6d | 1 | 0.59mi |
| 27 Vilone Rd Wilmington, DE | 3.0 | 1.0 | 1225 | $2,000 | $1.63 | 6d | 1 | 0.60mi |
| 1601 E Latimer Pl Wilmington, DE | 4.0 | 1.0 | 1450 | $2,195 | $1.51 | 20d | 1 | 0.62mi |
| 1525 Beech St Wilmington, DE | 3.0 | 2.5 | 1850 | $2,400 | $1.30 | 7d | 1 | 0.63mi |
| 1913 W 2nd St Unit 1913 Wilmington, DE | 5.0 | 1.5 | 1675 | $2,050 | $1.22 | 45d | 1 | 0.68mi |
| 275 Filbert Ave Wilmington, DE | 3.0 | 1.0 | 1225 | $1,495 | $1.22 | 4d | 1 | 0.76mi |
| 1508 Maryland Ave Wilmington, DE | 3.0 | 1.5 | 1450 | $1,850 | $1.28 | 0d | 1 | 0.77mi |
| 115 N Clayton St Unit 115 Wilmington, DE | 3.0 | 1.5 | 1200 | $1,725 | $1.44 | 13d | 1 | 0.79mi |
| 7 6th Ave Wilmington, DE | 3.0 | 2.0 | 1325 | $1,800 | $1.36 | 45d | 1 | 0.85mi |
| 414 S Franklin St Wilmington, DE | 3.0 | 2.0 | 1195 | $1,895 | $1.59 | 45d | 1 | 0.89mi |
| 1601 Bonwood Rd Wilmington, DE | 3.0 | 1.5 | 1500 | $1,850 | $1.23 | 26d | 1 | 0.92mi |
| 307 N Rodney St Wilmington, DE | 3.0 | 1.5 | 1425 | $2,000 | $1.40 | 45d | 1 | 0.94mi |
| 21 Stroud St Unit 1 Wilmington, DE | 3.0 | 1.5 | 1875 | $1,900 | $1.01 | 45d | 1 | 0.96mi |
| 1110 Maple St Wilmington, DE | 3.0 | 1.0 | 1525 | $1,600 | $1.05 | 45d | 1 | 0.96mi |
| 25 Stroud St Wilmington, DE | 3.0 | 1.0 | 1200 | $1,795 | $1.50 | 5d | 1 | 0.96mi |
| 1301 Lancaster Ave Wilmington, DE | 4.0 | 2.0 | 1200 | $1,800 | $1.50 | 13d | 1 | 0.98mi |
| 618 N Scott St Wilmington, DE | 3.0 | 1.5 | 1400 | $1,850 | $1.32 | 45d | 1 | 0.98mi |
| 3403 Lancaster Pike Wilmington, DE | 2.0–3.0 | 1.0 | 1022 | $1,874 | $1.83 | 1d | 3 | 1.00mi |
| 1230 Sycamore Ave Wilmington, DE | 3.0 | 1.0 | 1150 | $1,750 | $1.52 | 26d | 1 | 1.04mi |
| 232 N Franklin St Wilmington, DE | 3.0 | 2.0 | 1150 | $1,795 | $1.56 | 45d | 1 | 1.05mi |
| 1109 Montgomery Rd Wilmington, DE | 4.0 | 2.0 | 1275 | $1,850 | $1.45 | 20d | 1 | 1.06mi |
| 1029 Lancaster Ave Wilmington, DE | 4.0 | 1.5 | 1375 | $1,900 | $1.38 | 26d | 1 | 1.11mi |
| 1607 Howland St Wilmington, DE | 3.0 | 1.0 | 1075 | $1,900 | $1.77 | 5d | 1 | 1.15mi |
| 521 N Franklin St Wilmington, DE | 3.0 | 2.0 | 1500 | $1,795 | $1.20 | 0d | 1 | 1.15mi |
| 1333 Sycamore Ave Wilmington, DE | 3.0 | 1.0 | 1175 | $1,650 | $1.40 | 26d | 1 | 1.15mi |
| 1624 W 9th St Wilmington, DE | 3.0 | 2.5 | 1780 | $2,500 | $1.40 | 20d | 1 | 1.15mi |
Listing history 19 events
-
2026-05-14$249,900 Active 1026-char remark
-
2026-05-06historical $249,900 1026-char remark
-
2013-03-08historical 843-char remark
Show marketing remark (841 chars)
This is a Fannie Mae HomePath property and approved for HomePath Mortgage and Renovation Financing. Purchase for as little as 3% down! No PMI! Visit HomePath website or ask the listing broker for more information. Excellent opportunity for owner occupant to purchase with HomePath Financing, live in one unit and rent the other which would cover some if not all of the operating expenses. This brick duplex is a solid home and located conveniently in Elsmere just outside of Wilmington. Each unit features spacious great room, open to efficient kitchen, two well scaled bedrooms and one bathroom. Utilities are separate and include separate electric, efficient gas heat and gas fired domestic hot water. Full basement features outside entrance. Seller requires that offers are made via HomePath website. Contract package attached on Trend.
-
2013-03-08historical 843-char remark
Show marketing remark (841 chars)
This is a Fannie Mae HomePath property and approved for HomePath Mortgage and Renovation Financing. Purchase for as little as 3% down! No PMI! Visit HomePath website or ask the listing broker for more information. Excellent opportunity for owner occupant to purchase with HomePath Financing, live in one unit and rent the other which would cover some if not all of the operating expenses. This brick duplex is a solid home and located conveniently in Elsmere just outside of Wilmington. Each unit features spacious great room, open to efficient kitchen, two well scaled bedrooms and one bathroom. Utilities are separate and include separate electric, efficient gas heat and gas fired domestic hot water. Full basement features outside entrance. Seller requires that offers are made via HomePath website. Contract package attached on Trend.
-
2013-03-08soldstatus $70,050 Sold 843-char remark
Show marketing remark (841 chars)
This is a Fannie Mae HomePath property and approved for HomePath Mortgage and Renovation Financing. Purchase for as little as 3% down! No PMI! Visit HomePath website or ask the listing broker for more information. Excellent opportunity for owner occupant to purchase with HomePath Financing, live in one unit and rent the other which would cover some if not all of the operating expenses. This brick duplex is a solid home and located conveniently in Elsmere just outside of Wilmington. Each unit features spacious great room, open to efficient kitchen, two well scaled bedrooms and one bathroom. Utilities are separate and include separate electric, efficient gas heat and gas fired domestic hot water. Full basement features outside entrance. Seller requires that offers are made via HomePath website. Contract package attached on Trend.
-
2013-03-08soldstatus $70,050
Show marketing remark (841 chars)
This is a Fannie Mae HomePath property and approved for HomePath Mortgage and Renovation Financing. Purchase for as little as 3% down! No PMI! Visit HomePath website or ask the listing broker for more information. Excellent opportunity for owner occupant to purchase with HomePath Financing, live in one unit and rent the other which would cover some if not all of the operating expenses. This brick duplex is a solid home and located conveniently in Elsmere just outside of Wilmington. Each unit features spacious great room, open to efficient kitchen, two well scaled bedrooms and one bathroom. Utilities are separate and include separate electric, efficient gas heat and gas fired domestic hot water. Full basement features outside entrance. Seller requires that offers are made via HomePath website. Contract package attached on Trend.
-
2013-02-18historical
Show marketing remark (841 chars)
This is a Fannie Mae HomePath property and approved for HomePath Mortgage and Renovation Financing. Purchase for as little as 3% down! No PMI! Visit HomePath website or ask the listing broker for more information. Excellent opportunity for owner occupant to purchase with HomePath Financing, live in one unit and rent the other which would cover some if not all of the operating expenses. This brick duplex is a solid home and located conveniently in Elsmere just outside of Wilmington. Each unit features spacious great room, open to efficient kitchen, two well scaled bedrooms and one bathroom. Utilities are separate and include separate electric, efficient gas heat and gas fired domestic hot water. Full basement features outside entrance. Seller requires that offers are made via HomePath website. Contract package attached on Trend.
-
2013-01-31$69,900 843-char remark
Show marketing remark (841 chars)
This is a Fannie Mae HomePath property and approved for HomePath Mortgage and Renovation Financing. Purchase for as little as 3% down! No PMI! Visit HomePath website or ask the listing broker for more information. Excellent opportunity for owner occupant to purchase with HomePath Financing, live in one unit and rent the other which would cover some if not all of the operating expenses. This brick duplex is a solid home and located conveniently in Elsmere just outside of Wilmington. Each unit features spacious great room, open to efficient kitchen, two well scaled bedrooms and one bathroom. Utilities are separate and include separate electric, efficient gas heat and gas fired domestic hot water. Full basement features outside entrance. Seller requires that offers are made via HomePath website. Contract package attached on Trend.
-
2013-01-31$69,900
Show marketing remark (841 chars)
This is a Fannie Mae HomePath property and approved for HomePath Mortgage and Renovation Financing. Purchase for as little as 3% down! No PMI! Visit HomePath website or ask the listing broker for more information. Excellent opportunity for owner occupant to purchase with HomePath Financing, live in one unit and rent the other which would cover some if not all of the operating expenses. This brick duplex is a solid home and located conveniently in Elsmere just outside of Wilmington. Each unit features spacious great room, open to efficient kitchen, two well scaled bedrooms and one bathroom. Utilities are separate and include separate electric, efficient gas heat and gas fired domestic hot water. Full basement features outside entrance. Seller requires that offers are made via HomePath website. Contract package attached on Trend.
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2004-11-24soldstatus $96,940
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2004-10-29soldstatus $96,940
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2004-09-03historical
-
2004-09-03$96,940
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2004-09-03$99,900
-
2004-09-03historical
-
1996-02-28soldstatus $55,000
-
1996-02-26soldstatus $55,000
-
1996-01-29historical
-
1996-01-17$55,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast DE · Partial reset (capped growth)
- Current annual tax
- $1,315 · $110/mo
- Projected year-2 tax
- $1,382 · $115/mo
- Expected delta
- +$67/yr (+$6/mo · 5.1%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 7/10 Severe 7 d/yr ≥103°F today · 16 d/yr by 30 yrs out
- Wind 6/10 Major 27% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $36,528
- − Mortgage interest
- −$13,998
- − Property taxes
- −$1,315
- − Insurance
- −$1,250
- − Repairs & maintenance
- −$2,922
- − Management
- −$2,922
- − Depreciation
- −$7,270
- Taxable income
- $6,851
- Est. tax owed @ 24.0%
- −$1,644
- After-tax cash flow
- $8,922/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Red Clay Consolidated School District
- NCES district ID
- 1001300
- Math proficiency
- 27% ▼ -11.00%
- Reading proficiency
- 42% ▼ -7.00%
- Median HH income
- $64,298
- Composite
- 31.25/100
- National rank
- #6027
- State rank
- #12 of 26 in DE
Livability — Elsmere
- Score
- 76/100
- State rank
- #5
- US rank
- #3599
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Elsmere, DE
- County
- New Castle County · 483,412 people
- Metro
- Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Population (ZIP)
- 41,402
- Household income
- $60,221
- Rent vs Own
- Severe rent burden
- 1730.0
Population outlook (New Castle County) Hauer SSP2
- Today (2025)
- 594,686 people
- By 2030
- 609,164 · +2.4%
- By 2040
- 632,154 · +6.3%
- By 2050
- 649,068 · +9.1%
- By 2075
- 687,771 · +15.7%
- By 2100
- 694,961 · +16.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.70)
- Race & ethnicity
- White 37% Black 32% Hispanic / Latino 25% Two or more races 10%
- Hispanic origin (detail)
- Mexican 10% Puerto Rican 10% Dominican 2%
- Common ancestry
- Romanian 4% Slovak 1% Italian 1%
- Foreign-born
- 9% · Canada
- Languages at home
- 79% English-only · Spanish 18% French/Haitian/Cajun 1% Arabic 1%
Political lean MEDSL · New Castle
- 2024 margin
- Solid D (+32.6) · D 65.5% · R 32.9% · Other 1.6%
- 2008→2024 swing
- -8.1pp toward R · 2008: 40.6pp · 2024: 32.6pp
- All cycles
- 2024: D+32.6 2020: D+37.1 2016: D+29.6 2012: D+34.1 2008: D+40.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -291.16%
- Current HPI
- 259.1455
- Rent YoY
- ▲ 6.35%
- Metro
- Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- State GDP YoY
- —
- F500 in state
- 0
Price history
+359.8% since first listed21 events — show timeline
- 2026-06-15 Sold (MLS) $252,900 BRIGHT MLS
- 2026-05-20 Pending — BRIGHT MLS
- 2026-05-14 Listed $249,900 BRIGHT MLS
- 2026-05-06 Coming Soon $249,900 BRIGHT MLS
- 2013-03-08 Delisted — TREND
- 2013-03-08 Sold (MLS) $70,050 BRIGHT MLS
- 2013-03-08 Sold (MLS) $70,050 TREND
- 2013-03-08 Delisted — TREND
- 2013-02-18 Listing Removed — BRIGHT MLS
- 2013-01-31 Listed $69,900 BRIGHT MLS
- 2013-01-31 Listed $69,900 TREND
- 2004-11-24 Sold (Public Records) $96,940 Public Records
- 2004-10-29 Sold (MLS) $96,940 BRIGHT MLS
- 2004-09-03 Listing Removed — BRIGHT MLS
- 2004-09-03 Listed $99,900 BRIGHT MLS
- 2004-09-03 Listing Removed — BRIGHT MLS
- 2004-09-03 Listed $96,940 BRIGHT MLS
- 1996-02-28 Sold (Public Records) $55,000 Public Records
- 1996-02-26 Sold (MLS) $55,000 BRIGHT MLS
- 1996-01-29 Listing Removed — BRIGHT MLS
- 1996-01-17 Listed $55,000 BRIGHT MLS
Property tax history
+3.7%/yrLatest (2024): $1,315 · +14.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…