Is 19805, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 19805 has remained a Seller's Market.
Housing Prices in 19805, DE
How much do homes in 19805, DE cost?
Median Sold Price
$223,900
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 19805 was $223,900 in April 2024, up 11.9% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $74K | - | N/A |
2 Bedrooms | $122K | $139.5K | +14.3% |
3 Bedrooms | $210K | $225.5K | +7.4% |
4 Bedrooms | $257.5K | $255K | -1.0% |
5+ Bedrooms | $210K | $297K | +41.4% |
Summary: 19805 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 41.4%.
Housing Supply in 19805, DE
How many homes are available in 19805, DE?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
127 | 130 | +2.4% |
Summary: The 19805 real estate market had 130 homes for sale in April 2024, a 2.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 22 | +57.1% |
3 Bedrooms | 78 | 81 | +3.8% |
4 Bedrooms | 24 | 18 | -25.0% |
5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The 19805 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 57.1%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 39 | +5.4% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in 19805 in April 2024, up by 5.4% month-over-month. Of the 39 sold homes, 31% were sold under asking, 26% were sold at asking, and 44% were sold over asking.
Days on Market for 19805, DE
How long does it take to sell a home in 19805, DE?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
7 Days | 24 Days | +241.4% |
Summary: Homes in 19805 had an average of 24 days on market in Apr 2024, up by 241.4% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 39 homes were sold in 19805; 77% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.