Is 19950, 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, 19950 has remained a Buyer's Market.
Housing Prices in 19950, DE
How much do homes in 19950, DE cost?
Median Sold Price
$349,950
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 19950 was $349,950 in March 2024, up 14.7% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | - | N/A |
2 Bedrooms | $160K | - | N/A |
3 Bedrooms | $305K | $315K | +3.3% |
4 Bedrooms | $420K | $455K | +8.3% |
5+ Bedrooms | $170K | $422K | +148.2% |
Summary: 19950 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 did not change, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 148.2%.
Housing Supply in 19950, DE
How many homes are available in 19950, DE?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
39 | 42 | +7.7% |
Summary: The 19950 real estate market had 42 homes for sale in March 2024, a 7.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 20 | 24 | +20.0% |
4 Bedrooms | 15 | 14 | -6.7% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 19950 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 20%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 19950 in March 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 19950, DE
How long does it take to sell a home in 19950, DE?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
118 Days | 35 Days | -70.4% |
Summary: Homes in 19950 had an average of 35 days on market in Mar 2024, down by 70.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in 19950; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.