Is 19938, 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, 19938 has remained a Buyer's Market.
Housing Prices in 19938, DE
How much do homes in 19938, DE cost?
Median Sold Price
$395,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 19938 was $395,000 in March 2024, up 1.9% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $168.9K | $244.5K | +44.7% |
3 Bedrooms | $347.5K | $365K | +5.0% |
4 Bedrooms | $429K | $475K | +10.7% |
5+ Bedrooms | $702.5K | $490.4K | -30.2% |
Summary: 19938 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 increased by 44.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 30.2%.
Housing Supply in 19938, DE
How many homes are available in 19938, DE?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
52 | 54 | +3.8% |
Summary: The 19938 real estate market had 54 homes for sale in March 2024, a 3.8% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 17 | 20 | +17.6% |
4 Bedrooms | 17 | 17 | 0.0% |
5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The 19938 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 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 19938 in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for 19938, DE
How long does it take to sell a home in 19938, DE?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
25 Days | 47 Days | +88.7% |
Summary: Homes in 19938 had an average of 47 days on market in Mar 2024, up by 88.7% compared to last year.
Breakdown of Home Sale Times
3 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, 5 homes were sold in 19938; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.