Is 19904, DE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19904 is a neutral's market

Buyer's
Market

Difference Since February 2022

At the same time last year, 19904 was a Seller's Market.

Key Takeaway

19904 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 19904, DE cost?

Median Sold Price

$273,633

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$14,333(+5.5%)

Key Takeaway

Homes in 19904 have sold for 5.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $87.9K$126.3K
+43.6%
2 $165K$165K
0.0%
3 $235K$256.3K
+9.1%
4 $309K$350K
+13.3%
5+ $302K$370K
+22.5%

Median Sold Price Compared To Nearby Zip Codes

19901
+6.7%
19904
+5.5%
19934
0.0%

How many homes are available in 19904, DE?

Number of Homes For Sale

Jan 2023Feb 2023%
152154+1.3%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
0.0%
2 812
+50.0%
3 8994
+5.6%
4 5144
-13.7%
5+ 44
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
3824-36.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19904, expect to pay close to the asking price. 58.3% of homes here sold near the asking price last month.

Average Sale Time

Feb 2022Feb 2023%
16 Days50 Days+200.3%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19904 are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 19904, DE

Number of homes for sale in 19904, DE real estate market have reached 154. The inventory of homes for sale in 19904, DE between January 2023 and February 2023 increased by 1.3%. In February 2023 median list price was $273,633 and the average listing age was 50 days. Between January 2023 and February 2023, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 43.6%, 2 bedrooms properties prices did not change, 3 bedrooms properties prices increased by 9.1%, prices of 4 bedrooms properties increased by 13.3%, 5 bedrooms properties became 22.5% more expensive. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory increased by 50%, 3 bedrooms homes inventory increased by 5.6%, the quantity of 4 bedrooms homes went down by 13.7%, number of 5 bedrooms homes remained the same. In February 2023, from all listings sold in 19904, DE there were more than 2 sold above asking price, over 8 sold below and more than 14 were sold right at the asked price.