Is 19967, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 19967 was a Seller's Market.
Key Takeaway
19967 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 19967, DE
How much do homes in 19967, DE cost?
Median Sold Price
$379,440
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 19967 have sold for 12.8% less than they did a year ago.
Summary: The median home sold price in 19967 was $379,440 in March 2024, down 12.8% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $485.9K | $338.9K | -30.3% |
| 3 Bedrooms | $411.7K | $371.9K | -9.7% |
| 4 Bedrooms | $541.2K | $628.6K | +16.1% |
| 5+ Bedrooms | $547.3K | $545K | -0.4% |
Summary: 19967 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 decreased by 30.3%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes decreased by 0.4%.
Housing Supply in 19967, DE
How many homes are available in 19967, DE?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 35 | 33 | -5.7% |
Summary: The 19967 real estate market had 33 homes for sale in March 2024, a 5.7% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 25 | 23 | -8.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 19967 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 decreased by 8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19967, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 19967 in March 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 19967, DE
How long does it take to sell a home in 19967, DE?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 74 Days | 41 Days | -44.6% |
Summary: Homes in 19967 had an average of 41 days on market in Mar 2024, down by 44.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19967 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in 19967; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
