Is 19807, 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, 19807 has remained a Buyer's Market.
Housing Prices in 19807, DE
How much do homes in 19807, DE cost?
Median Sold Price
$909,500
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 19807 was $909,500 in March 2024, up 11.9% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $550K | N/A |
3 Bedrooms | $640.4K | $725K | +13.2% |
4 Bedrooms | $780K | $904K | +15.9% |
5+ Bedrooms | $1.0M | $1.4M | +37.1% |
Summary: 19807 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 did not change, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 37.1%.
Median Sold Price Compared To Nearby Zip Codes
19807 | $812.5K | $909.5K | +11.9% |
19805 | $195.7K | $216.9K | +10.8% |
Housing Supply in 19807, DE
How many homes are available in 19807, DE?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
50 | 53 | +6.0% |
Summary: The 19807 real estate market had 53 homes for sale in March 2024, a 6.0% 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 | 2 | 2 | 0.0% |
3 Bedrooms | 10 | 13 | +30.0% |
4 Bedrooms | 18 | 16 | -11.1% |
5+ Bedrooms | 20 | 22 | +10.0% |
Summary: The 19807 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 30%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 19807 in March 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for 19807, DE
How long does it take to sell a home in 19807, DE?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
41 Days | 50 Days | +20.2% |
Summary: Homes in 19807 had an average of 50 days on market in Mar 2024, up by 20.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in 19807; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.