Is 19808, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 19808 has remained a Seller's Market.
Housing Prices in 19808, DE
How much do homes in 19808, DE cost?
Median Sold Price
$362,266
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 19808 was $362,266 in May 2024, up 3.5% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | $203K | +12.8% |
2 Bedrooms | $241K | $250K | +3.7% |
3 Bedrooms | $340K | $360K | +5.9% |
4 Bedrooms | $409K | $425K | +3.9% |
5+ Bedrooms | $475K | $480K | +1.1% |
Summary: 19808 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.8%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 1.1%.
Housing Supply in 19808, DE
How many homes are available in 19808, DE?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
89 | 95 | +6.7% |
Summary: The 19808 real estate market had 95 homes for sale in May 2024, a 6.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 18 | 17 | -5.6% |
3 Bedrooms | 44 | 49 | +11.4% |
4 Bedrooms | 24 | 27 | +12.5% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 19808 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 | 27 | -18.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in 19808 in May 2024, down by 18.2% month-over-month. Of the 27 sold homes, 15% were sold under asking, 30% were sold at asking, and 56% were sold over asking.
Days on Market for 19808, DE
How long does it take to sell a home in 19808, DE?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
8 Days | 7 Days | -18.1% |
Summary: Homes in 19808 had an average of 7 days on market in May 2024, down by 18.1% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 27 homes were sold in 19808; 96% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.