$3,859 Closing Credit*
$325,000
1,466 SqFt
2 Beds
•2 Full Baths
Paul M Pantano, Listing Office: Pantano Real Estate Inc
Is 19806, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 19806 has remained a Seller's Market.
Key Takeaway
19806 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19806, DE
How much do homes in 19806, DE cost?
Median Sold Price
$360,000
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+7.5%)
Key Takeaway
Homes in 19806 have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in 19806 was $360,000 in October 2024, up 7.5% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $146K | $154.2K | +5.7% |
| 2 Bedrooms | $264.7K | $300.7K | +13.6% |
| 3 Bedrooms | $420K | $403K | -4.0% |
| 4 Bedrooms | $550K | $584.5K | +6.3% |
| 5+ Bedrooms | $423.9K | $775K | +82.8% |
Summary: 19806 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.7%, 2 bedroom homes increased by 13.6%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 82.8%.
Housing Supply in 19806, DE
How many homes are available in 19806, DE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 67 | 57 | -14.9% |
Summary: The 19806 real estate market had 57 homes for sale in October 2024, a 14.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 28 | 26 | -7.1% |
| 3 Bedrooms | 20 | 12 | -40.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 19806 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 19 | -17.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19806, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 19806 in October 2024, down by 17.4% month-over-month. Of the 19 sold homes, 42% were sold under asking, 26% were sold at asking, and 32% were sold over asking.
Days on Market for 19806, DE
How long does it take to sell a home in 19806, DE?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 49 Days | 25 Days | -49.0% |
Summary: Homes in 19806 had an average of 25 days on market in Oct 2024, down by 49% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 19806 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 19 homes were sold in 19806; 68% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
