Is 19805, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 19805 was a Seller's Market.
Housing Prices in 19805, DE
How much do homes in 19805, DE cost?
Median Sold Price
$216,900
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 19805 was $216,900 in March 2024, up 10.8% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $74K | - | N/A |
2 Bedrooms | $126.1K | $139K | +10.2% |
3 Bedrooms | $205K | $223.9K | +9.2% |
4 Bedrooms | $245.5K | $250K | +1.8% |
5+ Bedrooms | $220K | $309K | +40.5% |
Summary: 19805 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 increased by 10.2%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 40.5%.
Housing Supply in 19805, DE
How many homes are available in 19805, DE?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
205 | 222 | +8.3% |
Summary: The 19805 real estate market had 222 homes for sale in March 2024, a 8.3% 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 | 26 | 29 | +11.5% |
3 Bedrooms | 123 | 133 | +8.1% |
4 Bedrooms | 37 | 42 | +13.5% |
5+ Bedrooms | 19 | 18 | -5.3% |
Summary: The 19805 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 increased by 11.5%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes decreased by 5.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 36 | +5.9% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in 19805 in March 2024, up by 5.9% month-over-month. Of the 36 sold homes, 53% were sold under asking, 22% were sold at asking, and 25% were sold over asking.
Days on Market for 19805, DE
How long does it take to sell a home in 19805, DE?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
20 Days | 40 Days | +92.7% |
Summary: Homes in 19805 had an average of 40 days on market in Mar 2024, up by 92.7% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 36 homes were sold in 19805; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.