Real Estate Market Update for Bear, DE
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 3% from one year earlier, and up 27% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just over 260-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 63%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 250-thousand dollars. The number of units sold decreased 11% year-over-year, and increased 35% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Bear, DE
Area Information for Bear, DE
  • Population: 20,583
  • Median Age: 35.63 yr
  • Median Commute Time: 26 mins
  • Educational Climate*: 3
  • Sales Tax: 0%
  • Population Density: 3,603/sq mi
  • Population Change Since 2000: 12.05%
  • Closest Airport: New Castle
  • Closest College: University Of De College Of Agriculture
  • Closest Jr. College: Delaware Techl-community College-stanton
  • Median Household Income: $61,800
  • Annual Residential Turnover: 16%
  • Median Home Sales Price: $210,000
  • Closest Major Sports Team: Wilmington Blue Rocks (a)
  • Change Avg. Household Income Since 2000: 19.21%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Bear, DE
Median Age: 35.63 Married: 36% Number of Households: 7,386 Households with Children: 2,475
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Bear, DE

      School Name Distance Type Grades School Rating Parent Rating
      Aquinas Academy 0.5 mi Catholic PRESCHOOL-12 0 0
      Caravel Academy 1.6 mi Private PRESCHOOL-12 0 0
      Wilbur (kathleen H.) Elementary 1.7 mi Public K-5 3 0
      Advoserv 1.9 mi Private UNGRADE-UNGRADE 0 0
      Lela Day School 2.0 mi Private PRESCHOOL-PRESCHOOL 0 0
      Red Lion Christian Academy 2.0 mi Private PRESCHOOL-12 0 0
      Cornerstone Early Education And Youth Center, Inc. 2.0 mi Private PRESCHOOL-K 0 0
      Glasgow Chrisian Academy 2.2 mi Private PRESCHOOL-8 0 0
      William Oberle Elementary School 2.5 mi Public K-5 0 0
      Loss (olive B.) Elementary School 2.6 mi Public 1-5 5 0
      Great New Beginnings 4.5 mi Private PRESCHOOL-PRESCHOOL 0 0
      Fairwinds Christian School 5.3 mi Private PRESCHOOL-12 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for Bear, DE
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.