Is 19939, 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, 19939 has remained a Buyer's Market.
Key Takeaway
19939 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 19939, DE
How much do homes in 19939, DE cost?
Median Sold Price
$422,500
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 19939 have sold for 6.1% less than they did a year ago.
Summary: The median home sold price in 19939 was $422,500 in April 2024, down 6.1% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $257.5K | $285K | +10.7% |
| 3 Bedrooms | $409.5K | $409K | -0.1% |
| 4 Bedrooms | $535.9K | $545K | +1.7% |
| 5+ Bedrooms | $723.7K | $690K | -4.7% |
Summary: 19939 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 10.7%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 4.7%.
Housing Supply in 19939, DE
How many homes are available in 19939, DE?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 48 | 55 | +14.6% |
Summary: The 19939 real estate market had 55 homes for sale in April 2024, a 14.6% increase 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 22 | 26 | +18.2% |
| 4 Bedrooms | 21 | 21 | 0.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 19939 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 50%, 3 bedroom homes increased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19939, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 19939 in April 2024, down by 40.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 19939, DE
How long does it take to sell a home in 19939, DE?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 90 Days | 39 Days | -56.4% |
Summary: Homes in 19939 had an average of 39 days on market in Apr 2024, down by 56.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 19939 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in 19939; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
