Is Dagsboro, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Dagsboro was a Seller's Market.
Key Takeaway
Dagsboro is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Dagsboro, DE
How much do homes in Dagsboro, DE cost?
Median Sold Price
$535,000
$157/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Dagsboro have sold for 10.8% less than they did a month ago.
Summary: The median home sold price in Dagsboro was $535,000 in April 2024, down 10.8% from last month, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $300K | N/A |
| 3 Bedrooms | $355K | $600K | +69.0% |
| 4 Bedrooms | $720K | $520K | -27.8% |
| 5+ Bedrooms | - | $580K | N/A |
Summary: Dagsboro housing prices by bedroom type for April 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 increased by 69%, 4 bedroom homes decreased by 27.8%, and 5+ bedroom homes did not change.
Housing Supply in Dagsboro, DE
How many homes are available in Dagsboro, DE?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 50 | 56 | +12.0% |
Summary: The Dagsboro real estate market had 56 homes for sale in April 2024, a 12.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 23 | 26 | +13.0% |
| 4 Bedrooms | 22 | 22 | 0.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Dagsboro housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 13%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 6 | -45.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dagsboro, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Dagsboro in April 2024, down by 45.5% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Dagsboro, DE
How long does it take to sell a home in Dagsboro, DE?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 96 Days | 39 Days | -59.2% |
Summary: Homes in Dagsboro had an average of 39 days on market in Apr 2024, down by 59.2% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Dagsboro are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Dagsboro; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
