HousingHandbookReference data

U.S. ZIP Code · DE19938

Kent County · Dover, DE

Typical home value

$424,450[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.9%
5-year / yr
+5.9%
10-year / yr
+6.0%

Relative price

vs U.S.
+49.4%
vs metro
+14.6%
vs state
+11.9%
ZIP 19938 location in DE
Location of ZIP 19938 in DE

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 19938 is worth $424,450 — 14.6% above the Dover, DE median. Over the past year, values have risen 2.9%. The effective property tax rate is 0.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.4%[3]
Typical annual tax
$1,514[3]

#Climate risk

FEMA National Risk Index ratings for Kent County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Relatively Moderate
Wildfire
Relatively Low
Drought
Relatively Moderate
Heat wave
Relatively Moderate
Hurricane
Relatively Moderate
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
9,561[3]
Median household income
$99,596[3]

#Migration

Household moves in and out of Kent County over a year, from IRS tax-return data.

Net migration
+792[5]
Moved in
5,357
Moved out
4,565

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
2
Middle
1
High
1
  • Providence Creek Academy Charter School

    Elementary · Grades K–8 · Providence Creek Academy Charter School

    741 students

  • Clayton Intermediate School

    Middle · Grades 5–6 · Smyrna School District

    519 students

  • Clayton Elementary School

    Elementary · Grades K–4 · Smyrna School District

    488 students

  • First State Military Academy

    High · Grades 9–12 · First State Military Academy

    416 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$2,146
Loan principal$339,560
Down payment$84,890
Total interest paid$433,090

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$2,627
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
17th percentile[1]
Rental yield
[2]
Property tax
8th percentile[3]

Frequently asked

How much is a home worth in ZIP code 19938?
The typical home in 19938 is worth $424,450, based on the Zillow Home Value Index.
Are home values rising in 19938?
Home values in 19938 are up 2.9% over the past year, and up 5.9% a year over five years.
What is the property tax rate in 19938?
The effective property tax rate in 19938 is 0.4% — roughly $1,514 a year on a typical home.
Who lives in 19938?
ZIP code 19938 has a population of 9,561 and a median household income of $99,596.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Rising Sun-Lebanon CDP, DE

    Typical home
    $420,112
    Gross yield
  • Smyrna, DE

    Typical home
    $394,980
    Gross yield
    5.3%
  • Riverview CDP, DE

    Typical home
    $390,234
    Gross yield
  • Camden, DE

    Typical home
    $384,042
    Gross yield
    6.2%
  • DE

    Typical home
    $382,308
    Gross yield
  • Hartly, DE

    Typical home
    $370,428
    Gross yield

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