Commercial Real Estate Market in Selbyville, DE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
42 active listings and 308 off-market properties in Selbyville, DE. Commercial property asks $574/SF to buy and $19.50/SF/Yr to lease.
Market Trends
Selbyville, DE spans 26.8 square miles in Sussex County, Delaware. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Selbyville, DE runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Selbyville, DE runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Selbyville, DE runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Selbyville, DE runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 78.7%
- Commercial 20%
- Industrial 1.4%
Largest Zones share of zoned land by district
Residential
General Commercial
Residential
Residential
Historic Business
Selbyville, DE zones 2,643 acres across 12 districts. Commercial zoning covers 20% of zoned land, residential 78.7% and industrial 1.4%. The largest single district is Residential at 60.3%. For commercial buyers the practical constraint is that only 21.3% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Selbyville, DE has 10,995 residents in 10,508 households. Density runs 411 people per square mile. Median household income here is $86,868 and median gross rent $1,098 a month.
10,995
Population
10,508
Households
1
Avg Household Size
60
Median Age
39%
College-Educated
94%
High-School Grad
26.8 sq mi
ZIP Area
411
Density / Sq Mi
$86,868
Median Household Income
$41,691
Median Earnings
$1,098
Median Rent
$464,463
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Fenwick Island | — | — |
| Bishop | — | — |
| Bishopville | — | — |
| Frankford | — | — |
Commercial property in Selbyville, DE asks $574/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Selbyville?
Commercial property in Selbyville, DE asks an average of $574 per square foot.
How much does it cost to lease commercial space in Selbyville?
Asking lease rates in Selbyville, DE average $19.50 per square foot per year.
What zoning applies to commercial property in Selbyville?
Selbyville, DE zones 2,643 acres across 12 districts, of which 20% is commercial and 1.4% industrial. The largest single district is Residential at 60.3% of zoned land. Residential zoning covers 78.7% and open space 0%.
Where does Realmo's Selbyville market data come from?
Realmo compiles Selbyville, DE figures from 4 recent recorded sales, 37 active sale listings, 5 active lease listings, 308 tracked off-market properties, the current Selbyville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 37 active for-sale and 5 active for-lease listings in Selbyville, DE. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 2,643 zoned acres across 12 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
