Is 19944, DE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19944 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 19944 has remained a Buyer's Market.

Key Takeaway

19944 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 19944, DE

How much do homes in 19944, DE cost?

Median Sold Price

$1,465,000

$665/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$975,000(+199.0%)

Key Takeaway

Homes in 19944 have sold for 199% more than they did a month ago.

Summary: The median home sold price in 19944 was $1,465,000 in March 2024, up 199% from last month, and the median price per square foot was $665.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $490K-
N/A
3 --
N/A
4 -$1.4M
N/A
5+ --
N/A

Summary: 19944 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 19944, DE

How many homes are available in 19944, DE?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2023+15.0%

Summary: The 19944 real estate market had 23 homes for sale in March 2024, a 15.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 66
0.0%
4 55
0.0%
5+ 711
+57.1%

Summary: The 19944 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 57.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19944, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 19944 in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 19944, DE

How long does it take to sell a home in 19944, DE?

Average Sale Time

Feb 2024Mar 2024CHANGE
5 Days97 Days+1840.0%

Summary: Homes in 19944 had an average of 97 days on market in Mar 2024, up by 1840% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 19944 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in 19944; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

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

Report Updated 29 Days Ago

Newest Listings in 19944, DE

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