Why Live in Delaware Water Gap
Delaware Water Gap is a historic gateway to the Poconos, known for its monumental gorge between Mount Minsi and Mount Tammany. The Delaware Water Gap National Recreation Area spans nearly 70,000 acres, offering numerous things to do, including kayaking along the Delaware River, hiking the Appalachian Trail, and exploring scenic vistas and waterfalls. The borough itself is a quieter retreat for artists and jazz musicians, with notable historic sites like the Deer Head Inn, the nation's longest continually operating jazz club, and the Castle Inn, now a mini-mall for specialty shops. Dining options range from American and barbecue staples to ramen and fresh pies. Residents often drive to nearby East Stroudsburg for groceries. Delaware Water Gap hosts the annual Celebration of the Arts Jazz and Arts Festival, featuring performances at the Deer Head Inn and on the streets. The Antoine Dutot Museum and Gallery showcases local history and regional art. The Presbyterian Church of the Mountain offers free summer concerts and a hostel for Appalachian Trail hikers. Homes in the borough include Victorian styles, National homes, Foursquares, Cape Cods, and bi-levels, with sidewalks lining some sloping roads. Students attend highly rated Stroudsburg High School, known for its career clusters and pathways. The area is safer than the national average, but potential buyers should be aware of flood risks from Cherry Creek. Stroudsburg is about 4 miles away, and New York City is roughly 70 miles via Interstate 80.
Frequently Asked Questions
What is the average home price in Delaware Water Gap, PA?
Homes for sale in Delaware Water Gap, PA have an average home price of $399,714.
How many homes have sold over the last 12 months in Delaware Water Gap, PA?
3 homes have sold in Delaware Water Gap, PA over the last 12 months.
What are the most popular zip codes in Delaware Water Gap, PA?
How much do you need to make to afford a house in Delaware Water Gap?
The median home price in Delaware Water Gap is $385,000. If you put a 20% down payment of $77,000 and had a 30-year fixed mortgage with an interest rate of 6.67%, your estimated principal and interest payment would be $1,980 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $85K a year to afford the median home price in Delaware Water Gap.
How are the schools in Delaware Water Gap, PA?
Home Trends in Delaware Water Gap, PA
On average, homes in Delaware Water Gap, PA sell after 14 days on the market compared to the national average of 50 days. The median sale price for homes in Delaware Water Gap, PA over the last 12 months is $289,000, down 10% from the median home sale price over the previous 12 months.
Median Sale Price
$289,000
Median Single Family Sale Price
$359,000
Average Price Per Sq Ft
$167
Number of Homes for Sale
4
Last 12 months Home Sales
3
Median List Price
$385,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-10%