$8,016 Closing Credit*
$675,000
4,801 SqFt
4 Beds
•2 Full Baths, 1 Partial
Dustin Oldfather, Listing Office: Compass
Is 19711, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 19711 has remained a Seller's Market.
Key Takeaway
19711 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19711, DE
How much do homes in 19711, DE cost?
Median Sold Price
$412,500
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$27,500(+7.1%)
Key Takeaway
Homes in 19711 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 19711 was $412,500 in November 2024, up 7.1% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $421K | $173.7K | -58.7% |
| 2 Bedrooms | $225K | $274.5K | +22.0% |
| 3 Bedrooms | $341.7K | $360K | +5.3% |
| 4 Bedrooms | $450K | $500.3K | +11.2% |
| 5+ Bedrooms | $524.9K | $582.5K | +11.0% |
Summary: 19711 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 58.7%, 2 bedroom homes increased by 22%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 11%.
Housing Supply in 19711, DE
How many homes are available in 19711, DE?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 102 | 96 | -5.9% |
Summary: The 19711 real estate market had 96 homes for sale in November 2024, a 5.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 33 | 32 | -3.0% |
| 4 Bedrooms | 52 | 45 | -13.5% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The 19711 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 22.2%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 32 | -3.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19711, you could pay more than the asking price. 46.9% of homes here sold above asking price last month.
Summary: A total of 32 homes were sold or pending in 19711 in November 2024, down by 3.0% month-over-month. Of the 32 sold homes, 34% were sold under asking, 19% were sold at asking, and 47% were sold over asking.
Days on Market for 19711, DE
How long does it take to sell a home in 19711, DE?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 15 Days | +50.3% |
Summary: Homes in 19711 had an average of 15 days on market in Nov 2024, up by 50.3% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 19711 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 32 homes were sold in 19711; 88% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
