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South Bethany

Learn about the people, housing, costs and businesses in South Bethany, Delaware

Median Home$1,049,700
Population526
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services14% arts, food & hospitality
Home Value Growth⬆⬆⬆+40.4% over 2 years
Retirees25% of residentsabove average nationally
NotableAmenity Score87/100 · highly walkable area
NotableHighly Educated30% bachelor's · 17% graduate · top 9% nationally
South Bethany
DE

Frequently Asked Questions

What are today's mortgage rates in South Bethany?

As of today, the 30-year fixed mortgage rate for South Bethany is approximately 6.851% (6.886% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in South Bethany?

The median home value in South Bethany is $1.0M. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Bethany?

Home values in South Bethany have increased 40.4% 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 South Bethany?

Based on a typical all-in ownership cost of $1,178/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Bethany is $119k/year.

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What industries drive the economy in South Bethany?

The largest employment sectors in South Bethany are public administration (26%) and healthcare (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.