Real Estate Investing in Greenwood, Delaware (19950)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 19950 (Greenwood, DE)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.0% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Greenwood, DE (19950)?
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Market Analysis: 19950 Greenwood
The 19950 ZIP in Greenwood, DE is a local-operator market. Outside capital chasing a $388K entry has to pair deep knowledge with the discount.
For an experienced owner, 19950 can be a a solid fit for hunting ground — but the discount at $388K reflects genuine risk that outside investors often underestimate.
ZIP 19950's metrics run below Sussex's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 19950 includes headwinds that any investor should price in. Income distribution skews lower than Greenwood averages, and tenant stability requires active management.
The right play in 19950 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Greenwood:
Property Strategy for 19950
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $294,603 | $1,470 | 3.6% | +7.0% | $147,302 |
| 3BR | $361,674 | $1,900 | 3.8% | +7.2% | $120,558 |
| 4BR | $457,599 | $2,290 | 3.6% | +8.1% | $114,400 |
Market Trends
Home Value History (with trend line)
📊 How Does 19950 Compare?
| Metric | 19950 | Greenwood | Delaware |
|---|---|---|---|
| Home Value | $388,479 | $388,479 | $397,840 |
| 5-Year CAGR | 5.0% | 5.0% | 6.7% |
| Avg Rent | $1,323 | $1,323 | - |
| Cap Rate | 2.7% | 2.7% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 19950 (Greenwood, DE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $388,479 |
| Monthly Rent | $1,323 |
| Price-to-Rent | 24.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 7.7% |
📈 Home Appreciation
| 1-Year | +9.3% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 19950
Population: 7,822
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 19950
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
Is Greenwood in DE worth investing in?
Greenwood, DE posts an investability rating of 3.0/5, with median home values near $388K and average rents around $1,323/mo. That combination puts it in the resilient tier for investor interest.
Does house hacking work in Greenwood, DE?
Greenwood, DE offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,323/mo rent level.
What is the typical rental rate in Greenwood, DE?
Rental rates in Greenwood, DE average $1,323/mo. Tenant demand and $388K home values make the yield look reasonable by investor standards.
How expensive is real estate in Greenwood, DE?
Greenwood, DE median home values land near $388K. That is reasonable territory for investors looking at $1,323/mo-per-month rentals.
What is the best play in Greenwood, DE?
Most investors in Greenwood, DE run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
You know 19950 now. You don’t know where it ranks.
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