Is 19804, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 19804 has remained a Seller's Market.
Housing Prices in 19804, DE
How much do homes in 19804, DE cost?
Median Sold Price
$297,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 19804 was $297,000 in March 2024, up 10% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $255K | $228.7K | -10.3% |
3 Bedrooms | $256K | $295K | +15.2% |
4 Bedrooms | $300K | $335K | +11.7% |
5+ Bedrooms | $337.5K | $335K | -0.7% |
Summary: 19804 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.3%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes decreased by 0.7%.
Housing Supply in 19804, DE
How many homes are available in 19804, DE?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
51 | 59 | +15.7% |
Summary: The 19804 real estate market had 59 homes for sale in March 2024, a 15.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 31 | 35 | +12.9% |
4 Bedrooms | 7 | 10 | +42.9% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 19804 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 10 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 19804 in March 2024, down by 33.3% month-over-month. Of the 10 sold homes, 30% were sold under asking, 30% were sold at asking, and 40% were sold over asking.
Days on Market for 19804, DE
How long does it take to sell a home in 19804, DE?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
20 Days | 11 Days | -45.3% |
Summary: Homes in 19804 had an average of 11 days on market in Mar 2024, down by 45.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in 19804; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.