Top Land Buyers in Delaware

How long does it typically take to sell vacant land in Delaware?

In the current 2025 market, selling vacant land in Delaware typically takes between 9 to 12 months, though this timeline is highly dependent on the county. In New Castle County, specifically near the growing logistics and residential hubs of Middletown, well-priced parcels often move in under 6 months. Conversely, large agricultural or recreational tracts in Sussex County can take over a year to find the right buyer. The timeline is primarily driven by the "Due Diligence" phase, which in Delaware often involves 60 to 90 days for buyers to investigate drainage requirements, coastal zone restrictions, and septic suitability (perc tests) in areas where public sewer is unavailable.

What are the common closing costs for land sellers in Delaware?

Delaware is an attorney closing state, making it one of the more expensive states for land transfers. By law, an attorney must be present to conduct the settlement, perform the title search, and record the deed. Sellers can typically expect to pay between 7% and 10% of the final sale price in total costs, including a 6% real estate commission. Unlike title company states, attorney fees are a primary factor, with hourly rates in 2025 averaging $248 per hour, though many offer flat-fee packages for simple land sales ranging from $750 to $1,250.

Specific costs for 2025 include:

• Transfer Tax (Doc Stamps): The total rate is $4.00 per $100 (4.0% of the sale price). By custom, this is split 50/50 between the buyer and the seller, meaning the seller pays $2.00 per $100. This is comprised of a 2.5% state portion and a 1.5% local portion.
• Title Search & Abstract: Usually costs between $350 and $600, depending on the complexity of the land's history.
• Recording Fees: Average approximately $81 for a standard deed and associated residency affidavits.
• Out-of-State Seller Retainage: If you are not a Delaware resident, the state mandates a withholding of 6.95% (for individuals) or 8.7% (for corporations) of the gain as a tax prepayment.

Do I need a survey to sell my land in Delaware?

While a survey is not strictly mandated by state law for the transfer of ownership, most Delaware real estate attorneys and lenders require a Mortgage Survey or Boundary Survey to issue title insurance. In Delaware's low-lying coastal areas, a survey is critical to determine Flood Zone (FEMA) designations and identify wetlands boundaries, which are strictly regulated by DNREC. In 2025, a standard boundary survey for a residential lot costs $400 to $1,000, while large rural tracts often exceed $2,500. Providing an updated survey can speed up the sale significantly, as buyers are often hesitant to take on the cost and risk of unverified boundaries.

How is the land market trending in Delaware for the next 12 months?

The Delaware land market is forecast for gradual stabilization and modest growth (2% to 4%) through 2026. The market is currently undergoing a "housing reset" as affordability begins to improve relative to wage growth. Inventory remains low with only 2 months of supply, keeping the market firmly in the seller’s favor. The most significant trend is the shift toward Industrial and Logistics Infill near the I-95 corridor, driven by a surge in demand for warehouse space. Furthermore, the 2026 outlook for housing developers is projected to be significantly easier than 2025 as interest rates stabilize in the low 6% range, increasing the demand for raw residential-zoned acreage.

Can I sell land in Delaware if I have back taxes or title issues?

Yes, but you must move quickly to avoid a Sheriff’s Sale. Delaware is a Tax Deed state. If taxes are delinquent, the county may initiate a "monition" process. Once the court approves the sale and it is auctioned by the Sheriff, Delaware has a very brief 60-day redemption period. The original owner can reclaim the property within this 60-day window by paying the purchase price plus a 15% penalty and costs. After 60 days, the redemption right expires, and the purchaser can petition for a deed.

For inherited property, Delaware Code Title 12 § 207 provides a "Power of Sale" provision: if a will explicitly grants the executor the power to sell real estate, they can proceed without a specific court order from the Court of Chancery. This can save 4 to 8 months in probate delays, making the land highly attractive for developers of Utility-Scale Solar or Industrial Infill projects that require quick closing timelines.

What is the most in-demand type of land in Delaware right now?

The highest demand in the 2025 Delaware market is for Industrial Logistics Infill and Utility-Scale Solar. As of late 2025, there are 16 utility-scale solar farms operating in the state, with the Solidago Project in New Castle leading the way. Developers are aggressively seeking flat, well-drained acreage in Kent and Sussex counties for solar development to meet Delaware’s target of 25% renewable energy by 2026. Additionally, Industrial Infill near the Port of Wilmington and the Middletown logistics hubs is at a premium. In coastal regions, Mitigation Banking is a rising trend where environmentally sensitive land is purchased to restore wetlands and generate offsets for massive highway and bridge infrastructure projects.