Is 19968, 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, 19968 was a Seller's Market.
Housing Prices in 19968, DE
How much do homes in 19968, DE cost?
Median Sold Price
$481,000
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 19968 was $481,000 in March 2024, up 6.7% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $285K | $355K | +24.6% |
3 Bedrooms | $447.5K | $457.5K | +2.2% |
4 Bedrooms | $532K | $570K | +7.1% |
5+ Bedrooms | $540K | $640K | +18.5% |
Summary: 19968 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 24.6%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 18.5%.
Housing Supply in 19968, DE
How many homes are available in 19968, DE?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
191 | 208 | +8.9% |
Summary: The 19968 real estate market had 208 homes for sale in March 2024, a 8.9% 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 | 16 | 16 | 0.0% |
3 Bedrooms | 105 | 115 | +9.5% |
4 Bedrooms | 61 | 67 | +9.8% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The 19968 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 9.5%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 21 | +133.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 19968 in March 2024, up by 133.3% month-over-month. Of the 21 sold homes, 48% were sold under asking, 29% were sold at asking, and 24% were sold over asking.
Days on Market for 19968, DE
How long does it take to sell a home in 19968, DE?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 50 Days | +27.1% |
Summary: Homes in 19968 had an average of 50 days on market in Mar 2024, up by 27.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in 19968; 62% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.