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Greenwood town, DE

ZIP 19950 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 19950

Median Home Value
$272,800
Median Rent
$882
Affordability Snapshot
$75,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,752/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.6x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

25.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 19950 in Greenwood town, DE, a household would need roughly $75,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,752. That is roughly in line with the local median household income ($74,970). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
74.0%+13% vs US avg
x
Vacancy Rate
7.2%-30% vs US avg
x
Broadband Access
86.8%-0% vs US avg
x
4+ Bedrooms
4.8%-68% vs US avg
x
Built Pre-1939
8.1%-37% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
9.0%-82% vs US avg
x
Mortgage-Free
48.6%+27% vs US avg
x
$272,800
Home Value
$882
Rent
1991
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached76.6%
  • 1-unit attached1.8%
  • 2-9 units8.0%
  • 10+ units0.1%
  • Mobile home & other13.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$272,800
Median rent$882
Owner-occupied74.0%
Vacant7.2%
Price-to-income3.6x
Est. income to buy$75,000