Is 19930, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 19930 has remained a Seller's Market.
Key Takeaway
19930 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19930, DE
How much do homes in 19930, DE cost?
Median Sold Price
$924,750
$550/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 19930 have sold for 4% more than they did a year ago.
Summary: The median home sold price in 19930 was $924,750 in April 2024, up 4% from last year, and the median price per square foot was $550.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $382K | $573.7K | +50.2% |
| 2 Bedrooms | $555K | $525K | -5.4% |
| 3 Bedrooms | $771.2K | $751K | -2.6% |
| 4 Bedrooms | $920.8K | $1.1M | +19.5% |
| 5+ Bedrooms | $1.7M | $1.9M | +6.0% |
Summary: 19930 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50.2%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes increased by 6%.
Housing Supply in 19930, DE
How many homes are available in 19930, DE?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 81 | 77 | -4.9% |
Summary: The 19930 real estate market had 77 homes for sale in April 2024, a 4.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 26 | 25 | -3.8% |
| 4 Bedrooms | 22 | 21 | -4.5% |
| 5+ Bedrooms | 18 | 15 | -16.7% |
Summary: The 19930 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19930, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in 19930 in April 2024, down by 10.0% month-over-month. Of the 18 sold homes, 39% were sold under asking, 17% were sold at asking, and 44% were sold over asking.
Days on Market for 19930, DE
How long does it take to sell a home in 19930, DE?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 39 Days | 23 Days | -38.8% |
Summary: Homes in 19930 had an average of 23 days on market in Apr 2024, down by 38.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19930 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 18 homes were sold in 19930; 83% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
