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Hoffecker-Lockwood HouseHoffecker-Lockwood House · Photo: Cortlandt Van Dyke Hubbard, Photographer · Public domain
Housing in Cheswold

37 homes sold in Cheswold in the last year, at a typical $348K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Cheswold homes are listed.

Homes sold
37
June 2025 to May 2026
Typical sale price
$348K
median, weighted by sales
Price per square foot
$174
Delaware $201
Paid vs. asking
98.4%
32% sold over asking
For sale now
14
May 2026 · 4 sold that month
What sold · last 12 months

Houses are 97% of Cheswold’s sales, at a typical $349K

37 homes sold in the year to May 2026.

Houses$349K

typical sale · 36 sold in 12 months

Per square foot
$174DE $207
Days to sell
88
Sold over asking
33%
Listings with a price cut
34%
Fewer sales

Townhouses: 1 sold, typical $315K

Too few sales in 12 months for reliable figures.

6 years of sales

More homes sell than most years, at twice the 2016 price

37 sales in the last year, against 41 in 2024 and a low of 19 in 2016. The typical sale went from $166K in 2016 to $348K.

Homes soldTypical sale price
012253750$175K$250K$325K$400K2016: 19 sold, typical $166K’162020: 24 sold, typical $204K2022: 26 sold, typical $283K’222023: 33 sold, typical $363K2024: 41 sold, typical $329K’242025: 39 sold, typical $360KLast 12 months: 37 sold, typical $348KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Cheswold

Houseat $174 a sq ft
The same money in Delawareat $207 a sq ft

Is this asking price fair?

Check a listing against what Cheswold homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 6 years of sales

Bidding wars in Cheswold are more common than before the pandemic, and more homes are for sale

We read every month of Cheswold’s home sales since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 37 sales.

If you’re buying in Cheswold

  • Shop in June. It brings about 3 new listings a month, close to the busiest month, with fewer bidding wars (15% over asking).
  • You can negotiate. 33% of listings have cut their price, against 27% before the pandemic.
  • Bid near asking. Buyers paid 98.4% of the list price on average; 32% paid over.
  • You’ll usually have time. Only 18% of homes go under contract within two weeks; the typical one takes 80 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 4 a month), and the most competition: 41% close over asking. June offers nearly as much choice with fewer homes bid up (15%). June has the least competition (15%).

New listings a monthShare sold over asking
01.32.53.8520%40%60%Sweet spotJan: 3 new listings a month, 20% sold over asking, 48 days to sellJFeb: 2 new listings a month, 18% sold over asking, 82 days to sellFMar: 3 new listings a month, 22% sold over asking, 63 days to sellMApr: 4 new listings a month, 17% sold over asking, 104 days to sellAMay: 4 new listings a month, 41% sold over asking, 73 days to sellMJun: 3 new listings a month, 15% sold over asking, 48 days to sellJJul: 3 new listings a month, 24% sold over asking, 75 days to sellJAug: 3 new listings a month, 17% sold over asking, 83 days to sellASep: 2 new listings a month, 24% sold over asking, 57 days to sellSOct: 2 new listings a month, 21% sold over asking, 54 days to sellONov: 3 new listings a month, 21% sold over asking, 102 days to sellNDec: 2 new listings a month, 16% sold over asking, 66 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Delaware as a whole

Cheswold now2017–192021 peakDE now
Sold over askingShare of sales that closed above the list price32%27%28%30%
Gone within two weeksShare of homes under contract within 14 days18%14%45%46%
Listings with a price cutShare of homes for sale that cut their price33%27%25%26%
Price paid vs. askingAverage sale price ÷ list price98.4%97.5%98.5%99%
Days to sellMedian days from listing to contract80862538
Supply

11 homes for sale on a typical day

That’s twice the 2020 low (6), 27% more than in 2017–19 and well under 2024’s 18.

2016: 10 for sale’162020: 6 for sale2022: 8 for sale2023: 16 for sale’232024: 18 for sale2025: 12 for saleLast 12 months: 11 for saleNow
Room to negotiate

1 in 3 listings has cut its price

33% in the last year, against 27% in 2017–19 and 26% across Delaware. More sellers are pricing high and coming down.

2016: 33%’162020: 29%2022: 18%2023: 19%’232024: 34%2025: 31%Last 12 months: 33%Now

Source: Redfin Data Center, city market tracker, January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Cheswold home costs about $1,953 a month

Mortgage
Property tax
Insurance
Rent

Price: Cheswold’s typical sale, last 12 months. Property tax at Cheswold’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Cheswold is affordable on local pay is on Cost of living.

Before you buy in Cheswold

Six things worth knowing

4

New listings in May

The month with the most choice. December has the fewest, about 2.

Best time to buy
0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $348K home, about $1,650 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Cheswold, from test results, graduation and how much students grow.

Schools in Cheswold
31 min

Typical commute

The average one-way trip to work for people who live in Cheswold.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Clayton sells for less a square foot

The busier markets within 25 miles of Cheswold, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Dover474$291K$17226%46
Smyrna172$324K$18528%41
Clayton46$367K$16317%43
Highland Acres40$370K$18522%29
Wyoming38$313K$17724%44
Cheswold37$348K$17432%80
Kent Acres24$289K$18217%53

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Cheswold, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Cheswold. People who follow the town see it, and so do people comparing Cheswold with their own town. No commission, no listing fee.

Questions about buying a home in Cheswold

What do homes sell for in Cheswold, DE?

37 homes sold in the year to May 2026 at a typical $348K, $174 a square foot.

Is Cheswold a buyer’s or seller’s market?

A seller’s market: 14 homes were for sale in May 2026 and 4 sold, about 3.5 months of supply. Buyers paid 98.4% of asking on average, and 33% of listings cut their price.

When is the best time to buy in Cheswold?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Cheswold?

About 0.5% of a home’s value a year. On a $348K home that’s near $1,650.

Where can I see homes for sale in Cheswold?

Zillow, Redfin, Realtor.com and Homes.com all carry Cheswold’s MLS listings; the search links above open each one filtered to Cheswold.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).