Is 19801, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 19801 has remained a Seller's Market.
Key Takeaway
19801 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19801, DE
How much do homes in 19801, DE cost?
Median Sold Price
$182,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 19801 have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in 19801 was $182,000 in April 2024, up 10.5% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $212.5K | $245K | +15.3% |
| 2 Bedrooms | $192.5K | $153K | -20.5% |
| 3 Bedrooms | $158.2K | $170K | +7.5% |
| 4 Bedrooms | $135K | $215K | +59.3% |
| 5+ Bedrooms | $175K | $241.2K | +37.9% |
Summary: 19801 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.3%, 2 bedroom homes decreased by 20.5%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 59.3%, and 5+ bedroom homes increased by 37.9%.
Housing Supply in 19801, DE
How many homes are available in 19801, DE?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 38 | 47 | +23.7% |
Summary: The 19801 real estate market had 47 homes for sale in April 2024, a 23.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 10 | 14 | +40.0% |
| 3 Bedrooms | 21 | 24 | +14.3% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 19801 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19801, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 19801 in April 2024, up by 50.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for 19801, DE
How long does it take to sell a home in 19801, DE?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 33 Days | 40 Days | +19.7% |
Summary: Homes in 19801 had an average of 40 days on market in Apr 2024, up by 19.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19801 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in 19801; 67% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
