$2,136 Closing Credit*
$179,900
975 SqFt
2 Beds
•2 Full Baths
Jeffrey Stape, Listing Office: Compass
Is 19801, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 19801 was a Seller's Market.
Key Takeaway
19801 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 19801, DE
How much do homes in 19801, DE cost?
Median Sold Price
$210,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,000(+23.5%)
Key Takeaway
Homes in 19801 have sold for 23.5% more than they did a year ago.
Summary: The median home sold price in 19801 was $210,000 in November 2024, up 23.5% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $245K | $252.5K | +3.1% |
| 2 Bedrooms | $139.5K | $162.5K | +16.5% |
| 3 Bedrooms | $170K | $190K | +11.8% |
| 4 Bedrooms | $184.9K | $225K | +21.7% |
| 5+ Bedrooms | $205K | $255K | +24.4% |
Summary: 19801 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 16.5%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 24.4%.
Housing Supply in 19801, DE
How many homes are available in 19801, DE?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 | 66 | +15.8% |
Summary: The 19801 real estate market had 66 homes for sale in November 2024, a 15.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 23 | 22 | -4.3% |
| 3 Bedrooms | 18 | 30 | +66.7% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 19801 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 8 | -50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 19801, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 19801 in November 2024, down by 50.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for 19801, DE
How long does it take to sell a home in 19801, DE?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 46 Days | +174.8% |
Summary: Homes in 19801 had an average of 46 days on market in Nov 2024, up by 174.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 19801 has remained consistent over time.
Summary: During November 2024, 8 homes were sold in 19801; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
