Is Upper Christiana, DE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Upper Christiana is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Upper Christiana has remained a Seller's Market.

Key Takeaway

Upper Christiana is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Upper Christiana, DE

How much do homes in Upper Christiana, DE cost?

Median Sold Price

$335,500

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$25,500(+8.2%)

Key Takeaway

Homes in Upper Christiana have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in Upper Christiana was $335,500 in September 2024, up 8.2% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $250K$292.5K
+17.0%
3 $300K$330K
+10.0%
4 $377.4K$385K
+2.0%
5+ $410K$392.5K
-4.3%

Summary: Upper Christiana housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 4.3%.

Median Sold Price Compared To Nearby Cities

Lower Christiana
+11.6%
Upper Christiana
+8.2%
Pike Creek-Central Kirkwood
+3.8%
Bear
+3.1%

Housing Supply in Upper Christiana, DE

How many homes are available in Upper Christiana, DE?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3843+13.2%

Summary: The Upper Christiana real estate market had 43 homes for sale in September 2024, a 13.2% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 1821
+16.7%
4 911
+22.2%
5+ 34
+33.3%

Summary: The Upper Christiana housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
159-40.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Upper Christiana, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Upper Christiana in September 2024, down by 40.0% month-over-month. Of the 9 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for Upper Christiana, DE

How long does it take to sell a home in Upper Christiana, DE?

Average Sale Time

Sep 2023Sep 2024CHANGE
7 Days4 Days-39.1%

Summary: Homes in Upper Christiana had an average of 4 days on market in Sep 2024, down by 39.1% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Upper Christiana are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 9 homes were sold in Upper Christiana; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

Newest Listings in Upper Christiana, DE

Nearby Markets to Upper Christiana, DE

What housing markets are near Upper Christiana, DE?