Is 19810, 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, 19810 has remained a Seller's Market.
Housing Prices in 19810, DE
How much do homes in 19810, DE cost?
Median Sold Price
$448,722
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 19810 was $448,722 in March 2024, up 5.6% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $158.5K | $133.5K | -15.8% |
2 Bedrooms | $215K | $165K | -23.3% |
3 Bedrooms | $401.5K | $415K | +3.4% |
4 Bedrooms | $455K | $495K | +8.8% |
5+ Bedrooms | $512.5K | $535K | +4.4% |
Summary: 19810 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.8%, 2 bedroom homes decreased by 23.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 4.4%.
Housing Supply in 19810, DE
How many homes are available in 19810, DE?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
54 | 52 | -3.7% |
Summary: The 19810 real estate market had 52 homes for sale in March 2024, a 3.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 19 | 17 | -10.5% |
4 Bedrooms | 25 | 23 | -8.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 19810 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 33.3%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 16 | +14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 19810 in March 2024, up by 14.3% month-over-month. Of the 16 sold homes, 19% were sold under asking, 31% were sold at asking, and 50% were sold over asking.
Days on Market for 19810, DE
How long does it take to sell a home in 19810, DE?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
19 Days | 17 Days | -10.8% |
Summary: Homes in 19810 had an average of 17 days on market in Mar 2024, down by 10.8% compared to last year.
Breakdown of Home Sale Times
14 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, 16 homes were sold in 19810; 88% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.