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How much house can I afford on $100,000 in Delaware?

Quick answer

On a $100,000 salary in Delaware, you can afford about $307,000–$398,000 with a conventional loan (5% down) or up to $384,000 with FHA, using Delaware's 0.53% effective property tax rate. That's above the state's median home value of $326,800, assuming no other monthly debts.

By Purchase Mortgage Loan Editorial Team Checked against official sources per our editorial standardsData last updated

Estimated max home price

$398,000

Estimated payment $2,994/mo

Down payment
$19,900
Loan amount
$378,100
Monthly housing payment
$2,994

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How does $100,000 compare with typical Delaware incomes and prices?

$100,000 is 1.2× the Delaware median household income. Your estimated 36%-DTI budget of $398,000 is $71,200 above the statewide median home value.

ScenarioMax priceMonthly paymentDown payment
Conventional, 28% DTI$307,000$2,333$15,350
Conventional, 36% DTI$398,000$2,994$19,900
FHA, 28% DTI$296,000$2,330$10,360
FHA, 36% DTI$384,000$2,993$13,440

Rate assumption: 7.18% (Freddie Mac PMMS 30-year fixed average, week of November 5, 2026). Change it in the payment calculator.

Can down payment assistance help in Delaware?

  • First State Home Loan — Zero-interest second mortgage equal to 3% of the first mortgage loan amount
  • Keys4You Home Loan — Zero-interest second mortgage equal to 4% of the first mortgage loan amount

Delaware cities with a median home value under $398,000

Wilmington ($224,500)Dover ($248,500)Newark ($357,600)Bear ($280,200)Glasgow ($346,200)Brookside ($264,800)Smyrna ($273,400)Milford ($274,600)Pike Creek Valley ($299,500)

Frequently asked questions

Delaware's median home value is $326,800. On $100,000 you can afford up to about $398,000 at 36% DTI, so a median-priced home is within reach.

Delaware homeowners pay a median of $1,731 a year — an effective rate of about 0.53% of home value (Census ACS 2019–2023).

The average HO-3 homeowners premium in Delaware was $1,196 a year in 2023, according to the NAIC.

Compare home costs in Delaware

$250,000 house$300,000 house$350,000 house$400,000 house$450,000 house

Sources

Data last updated October 23, 2026.

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Figures on this page are estimates for educational purposes only and are not a loan offer or commitment to lend. Rates, loan limits, fees and assistance programs change frequently and vary by lender, location and borrower profile. Confirm current terms with a licensed loan officer.