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County

Kent County

Delaware · Dover, DE metro area · 194,786 residents (2025 est.)

FHFA annual index 1979–2025Developmental county indexPermits through August 2026
FHFA house price index for Kent County, 1979 to 2025, with the national index rebased to the same start and NBER recessions shadedRecession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 2020020040060080019801990200020102020United States2025: 600
Kent County (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. FHFA describes its county indexes as developmental and subject to revision. The index does not give a dollar value for any home.

FHFA's index for Kent County, Delaware, starts in 1979 and stood at 600 in 2025, +500.2% above its base of 100.

Over the ten years to 2025 the index rose +77.2% (+5.9% a year), close to Delaware at +74.2% and below the national +85.0%. The Dover, DE area rose +77.2%. The latest one-year change is +2.5%.

The strongest decade was the 1980s (+59.5%); the weakest the 2010s (+14.7%).

After a 2007 peak the index fell −23.7% to 2012 and regained the peak in 2021.

Builders were authorised for 1,320 housing units in the county in the 12 months to August 2026 (+2.9% on the previous 12 months), 6.8 units per 1,000 residents; 74% were single-family houses. Since 1995 the county has authorised 37,892 units, most in 2005.

+2.5%1 year, 2024–2025Delaware +3.2%
+48.9%5 yearsUS +47.0%
+77.2%10 years+5.9% a year annualised
+152.9%since 2000US +158.3%
1,320units permitted, 12 months6.8 per 1,000 residents

Same span, four levels

Change in the FHFA indexKent CountyDover areaDelawareUnited States
1 year (2024–2025)+2.5%+2.5%+3.2%+2.8%
5 years (2020–2025)+48.9%+48.9%+50.7%+47.0%
10 years (2015–2025)+77.2%+77.2%+74.2%+85.0%
20 years (2005–2025)+64.2%+64.2%+62.3%+79.1%
Since 2000+152.9%+152.9%+160.6%+158.3%
Since 1979+500.2%+500.2%+648.7%+539.0%
10-year annualised+5.9%+5.9%+5.7%+6.3%
20-year annualised+2.5%+2.5%+2.5%+3.0%

All columns are FHFA annual all-transactions indexes over the same years.

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+59.5%+68.2%
1990s (1990–2000)+16.9%+33.9%
2000s (2000–2010)+48.0%+29.7%
2010s (2010–2020)+14.7%+35.5%
2020s so far (2020–2025)+48.9%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1979 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1979 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
20072012−23.7%2021

Building permits

Housing units authorised by building permits in Kent County, by month over the latest five years and by year since 1995.

Housing units authorised in Kent County by month, latest 12 months0100200Sep 2025: 90 units (90 single-family, 0 in multi-unit buildings)Sep 2025Oct 2025: 76 units (69 single-family, 7 in multi-unit buildings)Oct 2025Nov 2025: 83 units (81 single-family, 2 in multi-unit buildings)Nov 2025Dec 2025: 130 units (75 single-family, 55 in multi-unit buildings)Dec 2025Jan 2026: 163 units (74 single-family, 89 in multi-unit buildings)Jan 2026Feb 2026: 102 units (54 single-family, 48 in multi-unit buildings)Feb 2026Mar 2026: 124 units (98 single-family, 26 in multi-unit buildings)Mar 2026Apr 2026: 101 units (65 single-family, 36 in multi-unit buildings)Apr 2026May 2026: 169 units (97 single-family, 72 in multi-unit buildings)May 2026Jun 2026: 105 units (103 single-family, 2 in multi-unit buildings)Jun 2026Jul 2026: 101 units (93 single-family, 8 in multi-unit buildings)Jul 2026Aug 2026: 76 units (76 single-family, 0 in multi-unit buildings)Aug 2026

Housing units authorised in Kent County by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in Kent County by month, latest 60 months0100200Sep 2021: 152 units (133 single-family, 19 in multi-unit buildings)Sep 2021Oct 2021: 131 units (131 single-family, 0 in multi-unit buildings)Nov 2021: 124 units (124 single-family, 0 in multi-unit buildings)Dec 2021: 149 units (126 single-family, 23 in multi-unit buildings)Jan 2022: 121 units (98 single-family, 23 in multi-unit buildings)Feb 2022: 101 units (101 single-family, 0 in multi-unit buildings)Mar 2022: 74 units (74 single-family, 0 in multi-unit buildings)Apr 2022: 97 units (97 single-family, 0 in multi-unit buildings)May 2022: 105 units (105 single-family, 0 in multi-unit buildings)Jun 2022: 94 units (94 single-family, 0 in multi-unit buildings)Jul 2022: 78 units (74 single-family, 4 in multi-unit buildings)Aug 2022: 127 units (107 single-family, 20 in multi-unit buildings)Sep 2022: 56 units (56 single-family, 0 in multi-unit buildings)Sep 2022Oct 2022: 54 units (54 single-family, 0 in multi-unit buildings)Nov 2022: 44 units (44 single-family, 0 in multi-unit buildings)Dec 2022: 44 units (44 single-family, 0 in multi-unit buildings)Jan 2023: 49 units (45 single-family, 4 in multi-unit buildings)Feb 2023: 65 units (65 single-family, 0 in multi-unit buildings)Mar 2023: 72 units (65 single-family, 7 in multi-unit buildings)Apr 2023: 53 units (51 single-family, 2 in multi-unit buildings)May 2023: 92 units (86 single-family, 6 in multi-unit buildings)Jun 2023: 172 units (100 single-family, 72 in multi-unit buildings)Jul 2023: 97 units (67 single-family, 30 in multi-unit buildings)Aug 2023: 97 units (89 single-family, 8 in multi-unit buildings)Sep 2023: 63 units (61 single-family, 2 in multi-unit buildings)Sep 2023Oct 2023: 110 units (110 single-family, 0 in multi-unit buildings)Nov 2023: 50 units (46 single-family, 4 in multi-unit buildings)Dec 2023: 166 units (70 single-family, 96 in multi-unit buildings)Jan 2024: 101 units (99 single-family, 2 in multi-unit buildings)Feb 2024: 130 units (130 single-family, 0 in multi-unit buildings)Mar 2024: 89 units (81 single-family, 8 in multi-unit buildings)Apr 2024: 121 units (114 single-family, 7 in multi-unit buildings)May 2024: 120 units (118 single-family, 2 in multi-unit buildings)Jun 2024: 94 units (94 single-family, 0 in multi-unit buildings)Jul 2024: 78 units (78 single-family, 0 in multi-unit buildings)Aug 2024: 98 units (98 single-family, 0 in multi-unit buildings)Sep 2024: 51 units (15 single-family, 36 in multi-unit buildings)Sep 2024Oct 2024: 121 units (117 single-family, 4 in multi-unit buildings)Nov 2024: 61 units (49 single-family, 12 in multi-unit buildings)Dec 2024: 159 units (85 single-family, 74 in multi-unit buildings)Jan 2025: 72 units (68 single-family, 4 in multi-unit buildings)Feb 2025: 93 units (93 single-family, 0 in multi-unit buildings)Mar 2025: 136 units (88 single-family, 48 in multi-unit buildings)Apr 2025: 92 units (92 single-family, 0 in multi-unit buildings)May 2025: 89 units (85 single-family, 4 in multi-unit buildings)Jun 2025: 173 units (101 single-family, 72 in multi-unit buildings)Jul 2025: 120 units (112 single-family, 8 in multi-unit buildings)Aug 2025: 116 units (85 single-family, 31 in multi-unit buildings)Sep 2025: 90 units (90 single-family, 0 in multi-unit buildings)Sep 2025Oct 2025: 76 units (69 single-family, 7 in multi-unit buildings)Nov 2025: 83 units (81 single-family, 2 in multi-unit buildings)Dec 2025: 130 units (75 single-family, 55 in multi-unit buildings)Jan 2026: 163 units (74 single-family, 89 in multi-unit buildings)Feb 2026: 102 units (54 single-family, 48 in multi-unit buildings)Mar 2026: 124 units (98 single-family, 26 in multi-unit buildings)Apr 2026: 101 units (65 single-family, 36 in multi-unit buildings)May 2026: 169 units (97 single-family, 72 in multi-unit buildings)Jun 2026: 105 units (103 single-family, 2 in multi-unit buildings)Jul 2026: 101 units (93 single-family, 8 in multi-unit buildings)Aug 2026: 76 units (76 single-family, 0 in multi-unit buildings)

Housing units authorised in Kent County by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in Kent County by year, 1995–202501,0002,0003,0001995: 709 units (709 single-family, 0 in multi-unit buildings)19951996: 613 units (613 single-family, 0 in multi-unit buildings)1997: 626 units (626 single-family, 0 in multi-unit buildings)1998: 675 units (675 single-family, 0 in multi-unit buildings)1999: 866 units (705 single-family, 161 in multi-unit buildings)2000: 858 units (853 single-family, 5 in multi-unit buildings)20002001: 1,018 units (954 single-family, 64 in multi-unit buildings)2002: 1,452 units (1,442 single-family, 10 in multi-unit buildings)2003: 2,167 units (1,763 single-family, 404 in multi-unit buildings)2004: 2,178 units (2,028 single-family, 150 in multi-unit buildings)2005: 2,182 units (1,946 single-family, 236 in multi-unit buildings)20052006: 1,703 units (1,485 single-family, 218 in multi-unit buildings)2007: 1,484 units (1,317 single-family, 167 in multi-unit buildings)2008: 988 units (824 single-family, 164 in multi-unit buildings)2009: 806 units (722 single-family, 84 in multi-unit buildings)2010: 813 units (674 single-family, 139 in multi-unit buildings)20102011: 680 units (540 single-family, 140 in multi-unit buildings)2012: 865 units (695 single-family, 170 in multi-unit buildings)2013: 889 units (823 single-family, 66 in multi-unit buildings)2014: 998 units (912 single-family, 86 in multi-unit buildings)2015: 1,061 units (827 single-family, 234 in multi-unit buildings)20152016: 1,276 units (1,124 single-family, 152 in multi-unit buildings)2017: 1,554 units (1,153 single-family, 401 in multi-unit buildings)2018: 1,459 units (1,321 single-family, 138 in multi-unit buildings)2019: 1,340 units (1,216 single-family, 124 in multi-unit buildings)2020: 2,136 units (1,666 single-family, 470 in multi-unit buildings)20202021: 1,873 units (1,676 single-family, 197 in multi-unit buildings)2022: 1,056 units (1,008 single-family, 48 in multi-unit buildings)2023: 1,105 units (879 single-family, 226 in multi-unit buildings)2024: 1,201 units (1,056 single-family, 145 in multi-unit buildings)2025: 1,261 units (1,030 single-family, 231 in multi-unit buildings)2025

Housing units authorised in Kent County by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026Kent CountyDelawareUnited States
Housing units authorised1,3206,4771,418,086
Units per 1,000 residents6.86.14.1
Single-family share74%83%63%
Change on previous 12 months+2.9%+2.0%−0.1%
Units authorised since 199537,892175,20043,082,761

Population is the Census Bureau's vintage 2025 estimate. Permits authorise construction; they are not completions.

ZIP codes in Kent County

Ranked by ten-year change in the FHFA ZIP index. Where a ZIP's index ends before 2025, its spans end in that year.

ZIP1 year10 yearsSince 2000Index throughYears
19953+12.3%+97.6%+204.7%202530
19934+11.0%+95.4%+161.5%202536
19962+6.4%+90.3%+175.4%202531
19946+6.1%+89.6%—202524
19904+2.0%+79.6%+146.2%202543
19901−1.5%+77.3%+155.6%202541
19943+1.1%+75.5%+160.2%202530
19977+4.2%+75.1%+164.7%202540
19938−0.5%+71.7%+158.1%202536
19954−8.9%+69.2%—202321
19952−0.8%+60.9%+146.2%202530
19964+11.7%+37.6%—202118

Cities and permit-issuing places in Kent County

Housing units authorised in the 12 months to August 2026; places with at least 12 units in the year, or in the year before.

PlaceUnits, 12 monthsPer 1,000 residentsSingle-family
Kent County Unincorporated Area663—100%
Dover2546.317%
Milford21814.856%
Cheswold town10138.1100%
Smyrna town423.17%
Harrington4010.1100%

Questions and answers

How much have home values in Kent County risen over 10 years?

The FHFA index for Kent County rose +77.2% from 2015 to 2025, about +5.9% a year. Over 20 years: +64.2%; since 2000: +152.9%.

How does Kent County compare with Delaware and the United States?

Over the ten years to 2025: Kent County +77.2%, Delaware +74.2%, United States +85.0%, Dover, DE +77.2%.

What happened to Kent County prices in 2008?

The index peaked in 2007 and fell −23.7% to 2012; it passed the peak again in 2021. The state index fell −20.9% over 2007–2012.

How many homes are being built in Kent County?

1,320 housing units were authorised by building permits in the 12 months to August 2026 (975 single-family, 325 in buildings of five or more units), or 6.8 per 1,000 residents against 6.1 for Delaware.

Where does this data come from?

The index is FHFA's annual county house price index (all-transactions, developmental), last updated March 31, 2026, with values through 2025. Permits are from the Census Bureau Building Permits Survey through August 2026; population is the Census Bureau's vintage 2025 estimate.

Provenance

Index: Federal Housing Finance Agency, annual house price index for counties (all-transactions, developmental), last updated March 31, 2026, values 1979–2025; metro, state and national comparisons from FHFA's annual indexes in the same release. Permits: Census Bureau Building Permits Survey, county and place files, through August 2026. Population: Census Bureau vintage 2025 estimates. ZIP assignment: 2020 ZCTA-to-county relationship file. Public domain throughout. Corrections · FHFA HPI datasets · Building Permits Survey.