Is 19934, 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, 19934 has remained a Seller's Market.
Key Takeaway
19934 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19934, DE
How much do homes in 19934, DE cost?
Median Sold Price
$365,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 19934 have sold for 15.9% more than they did a year ago.
Summary: The median home sold price in 19934 was $365,000 in April 2024, up 15.9% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $195K | $200K | +2.6% |
| 3 Bedrooms | $292K | $305K | +4.5% |
| 4 Bedrooms | $366.2K | $447.5K | +22.2% |
| 5+ Bedrooms | $512.4K | $635K | +23.9% |
Summary: 19934 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 23.9%.
Housing Supply in 19934, DE
How many homes are available in 19934, DE?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 49 | 51 | +4.1% |
Summary: The 19934 real estate market had 51 homes for sale in April 2024, a 4.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 18 | 19 | +5.6% |
| 4 Bedrooms | 23 | 23 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 19934 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 20%, 3 bedroom homes increased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 11 | -21.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19934, expect to pay close to the asking price. 45.5% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in 19934 in April 2024, down by 21.4% month-over-month. Of the 11 sold homes, 36% were sold under asking, 45% were sold at asking, and 18% were sold over asking.
Days on Market for 19934, DE
How long does it take to sell a home in 19934, DE?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 28 Days | 44 Days | +56.8% |
Summary: Homes in 19934 had an average of 44 days on market in Apr 2024, up by 56.8% compared to last year.
Breakdown of Home Sale Times
8 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 19934 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 11 homes were sold in 19934; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
