Real Estate Investing in Hartly, Delaware (19953)
Should you buy in 19953 (Hartly, DE)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 25.4 — hard to cash-flow at these prices.
What’s happening in Hartly, DE (19953)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 19953 Hartly
ZIP 19953 inside Kent County looks affordable on the surface — median value of $373K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 19953 is solid only for operators who understand what they are buying. A $373K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within DE, ZIP 19953 trails on several market indicators that neighboring Kent County submarkets outperform. The gap is real and substantial enough to shape underwriting.
Employment concentration in 19953 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategically, 19953 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Hartly:
Property Strategy for 19953
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $276,303 | $1,360 | 3.5% | +8.1% | $138,151 |
| 3BR | $347,700 | $1,890 | 3.9% | +8.1% | $115,900 |
| 4BR | $456,537 | $2,110 | 3.3% | +8.3% | $114,134 |
Market Trends
Home Value History (with trend line)
📊 How Does 19953 Compare?
| Metric | 19953 | Hartly | Dover, DE | Delaware |
|---|---|---|---|---|
| Home Value | $373,437 | $373,437 | N/A | $397,840 |
| 5-Year CAGR | 6.3% | 6.3% | N/A | 6.7% |
| Avg Rent | $1,224 | $1,224 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 19953 (Hartly, DE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $373,437 |
| Monthly Rent | $1,224 |
| Price-to-Rent | 25.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.6% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +5.0% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (2.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 19953
Population: 4,614
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 19953
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 4,203 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do home prices stand in Hartly, DE?
The median home value in Hartly, DE is roughly $373K. That puts it reasonable relative to the DE statewide average.
Is Hartly, DE a friendly market for rental owners?
DE ranks as a balanced state for landlord-tenant law. Hartly generally follows the statewide framework, so landlords face reasonable operating rules.
Can owner-occupants cash flow in Hartly, DE?
House hacking works a challenging in Hartly, DE. Rents of $1,224/mo against $373K acquisition make the strategy solid for owner-occupants.
What do rentals go for in Hartly, DE?
The typical rental in Hartly, DE commands about $1,224/mo monthly. That rent profile predictable cash flow against the $373K purchase basis.
What is the tenant pool like in Hartly, DE?
The renter base in Hartly, DE is reasonable for the $1,224/mo price point. Screening well and pricing to market typically yields predictable tenants.
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