Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Delway

Learn about the people, housing, costs and businesses in Delway, North Carolina

Median Home$115,477
Median Rent$697/month
Population150
Leading IndustriesTransportation · Finance & Insurance · Information & Media3% transportation
Home Value Growth⬆⬆⬆+24.4% over 2 years
Young Adults29% of residentsslightly above average
Homeowners80% of occupied units
NotableAffordable Market$115k median home · lower cost than 86% of the country
Delway
NC

Frequently Asked Questions

What are today's mortgage rates in Delway?

As of today, the 30-year fixed mortgage rate for Delway is approximately 7.055% (7.096% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Delway
What is the median home price in Delway?

The median home value in Delway is $115k. The median monthly rent is $697. Annual property taxes average $852. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Delway?

Home values in Delway have increased 24.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Delway?

Based on a typical all-in ownership cost of $609/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Delway is $62k/year.

Calculate your buying power
What industries drive the economy in Delway?

The largest employment sectors in Delway are public administration (20%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.