$7,422 Closing Credit*
$625,000
2,650 SqFt
4 Beds
•2 Full Baths, 2 Partial
Matt Fish, Listing Office: Keller Williams Realty Wilmington
Is 19803, 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, 19803 has remained a Seller's Market.
Key Takeaway
19803 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19803, DE
How much do homes in 19803, DE cost?
Median Sold Price
$510,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+4.1%)
Key Takeaway
Homes in 19803 have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in 19803 was $510,000 in November 2024, up 4.1% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $355K | $445K | +25.4% |
| 3 Bedrooms | $425.5K | $439.5K | +3.3% |
| 4 Bedrooms | $561K | $560K | -0.2% |
| 5+ Bedrooms | $602.5K | $710K | +17.8% |
Summary: 19803 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.4%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 17.8%.
Housing Supply in 19803, DE
How many homes are available in 19803, DE?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 65 | 61 | -6.2% |
Summary: The 19803 real estate market had 61 homes for sale in November 2024, a 6.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 34 | 31 | -8.8% |
| 4 Bedrooms | 21 | 21 | 0.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 19803 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 21 | +16.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19803, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 19803 in November 2024, up by 16.7% month-over-month. Of the 21 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 19803, DE
How long does it take to sell a home in 19803, DE?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 136 Days | +432.4% |
Summary: Homes in 19803 had an average of 136 days on market in Nov 2024, up by 432.4% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19803 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 21 homes were sold in 19803; 76% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
