$4,334 Closing Credit*
$365,000
1,600 SqFt
3 Beds
•1 Full Bath, 1 Partial
Tony Livizos, Listing Office: Tom Livizos Real Estate Co.
Is Pike Creek-Central Kirkwood, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Pike Creek-Central Kirkwood has remained a Seller's Market.
Key Takeaway
Pike Creek-Central Kirkwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pike Creek-Central Kirkwood, DE
How much do homes in Pike Creek-Central Kirkwood, DE cost?
Median Sold Price
$358,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$13,000(+3.8%)
Key Takeaway
Homes in Pike Creek-Central Kirkwood have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Pike Creek-Central Kirkwood was $358,000 in September 2024, up 3.8% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $182.5K | $210K | +15.1% |
| 2 Bedrooms | $234.5K | $250K | +6.6% |
| 3 Bedrooms | $340K | $355.5K | +4.6% |
| 4 Bedrooms | $403K | $460K | +14.1% |
| 5+ Bedrooms | $450K | $539.9K | +20.0% |
Summary: Pike Creek-Central Kirkwood housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.1%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes increased by 20%.
Median Sold Price Compared To Nearby Cities
| Lower Christiana | $273.1K | $305K | +11.6% |
| Upper Christiana | $310K | $335.5K | +8.2% |
| Piedmont | $617.5K | $656K | +6.2% |
| Hockessin | $540K | $562.5K | +4.2% |
| Pike Creek-Central Kirkwood | $345K | $358K | +3.8% |
Housing Supply in Pike Creek-Central Kirkwood, DE
How many homes are available in Pike Creek-Central Kirkwood, DE?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 116 | 111 | -4.3% |
Summary: The Pike Creek-Central Kirkwood real estate market had 111 homes for sale in September 2024, a 4.3% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 6 | +50.0% |
| 2 Bedrooms | 16 | 17 | +6.3% |
| 3 Bedrooms | 57 | 51 | -10.5% |
| 4 Bedrooms | 34 | 32 | -5.9% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Pike Creek-Central Kirkwood housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 6.3%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 43 | 40 | -7.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pike Creek-Central Kirkwood, you could pay more than the asking price. 40% of homes here sold above asking price last month.
Summary: A total of 40 homes were sold or pending in Pike Creek-Central Kirkwood in September 2024, down by 7.0% month-over-month. Of the 40 sold homes, 35% were sold under asking, 25% were sold at asking, and 40% were sold over asking.
Days on Market for Pike Creek-Central Kirkwood, DE
How long does it take to sell a home in Pike Creek-Central Kirkwood, DE?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 10 Days | 11 Days | +9.6% |
Summary: Homes in Pike Creek-Central Kirkwood had an average of 11 days on market in Sep 2024, up by 9.6% compared to last year.
Breakdown of Home Sale Times
38 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 Pike Creek-Central Kirkwood are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 40 homes were sold in Pike Creek-Central Kirkwood; 95% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
