Is Bridgeville-Greenwood, 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, Bridgeville-Greenwood was a Neutral Market.
Housing Prices in Bridgeville-Greenwood, DE
How much do homes in Bridgeville-Greenwood, DE cost?
Median Sold Price
$339,700
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bridgeville-Greenwood was $339,700 in March 2024, up 6.2% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | - | N/A |
2 Bedrooms | $316K | $357.4K | +13.1% |
3 Bedrooms | $310K | $330K | +6.5% |
4 Bedrooms | $371.5K | $345K | -7.1% |
5+ Bedrooms | $285K | $330K | +15.8% |
Summary: Bridgeville-Greenwood 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 13.1%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 15.8%.
Median Sold Price Compared To Nearby Cities
Greenwood | $265K | $350K | +32.1% |
Milford South | $299.6K | $348.9K | +16.5% |
Lincoln | $312K | $360K | +15.4% |
Bridgeville-Greenwood | $320K | $339.7K | +6.2% |
Bridgeville | $352.5K | $340K | -3.5% |
Housing Supply in Bridgeville-Greenwood, DE
How many homes are available in Bridgeville-Greenwood, DE?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
69 | 72 | +4.3% |
Summary: The Bridgeville-Greenwood real estate market had 72 homes for sale in March 2024, a 4.3% 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 | 13 | 15 | +15.4% |
3 Bedrooms | 40 | 42 | +5.0% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Bridgeville-Greenwood 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 increased by 15.4%, 3 bedroom homes increased by 5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Bridgeville-Greenwood in March 2024, up by 16.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Bridgeville-Greenwood, DE
How long does it take to sell a home in Bridgeville-Greenwood, DE?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
90 Days | 92 Days | +1.4% |
Summary: Homes in Bridgeville-Greenwood had an average of 92 days on market in Mar 2024, up by 1.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Bridgeville-Greenwood; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.