$3,088 Closing Credit*
$260,000
1,366 SqFt
2 Beds
•2 Full Baths, 1 Partial
Christopher Powell, Listing Office: Compass
Is 19806, 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, 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
$359,000
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,000(+5.3%)
Key Takeaway
Homes in 19806 have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in 19806 was $359,000 in November 2024, up 5.3% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145.7K | $158.7K | +8.9% |
| 2 Bedrooms | $265K | $299.9K | +13.2% |
| 3 Bedrooms | $420K | $405K | -3.6% |
| 4 Bedrooms | $587K | $535K | -8.9% |
| 5+ Bedrooms | $524.4K | $691.2K | +31.8% |
Summary: 19806 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes increased by 13.2%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes increased by 31.8%.
Housing Supply in 19806, DE
How many homes are available in 19806, DE?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 | 47 | -14.5% |
Summary: The 19806 real estate market had 47 homes for sale in November 2024, a 14.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 5 | -28.6% |
| 2 Bedrooms | 26 | 23 | -11.5% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 19806 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes decreased by 11.5%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 9 | -57.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19806, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 19806 in November 2024, down by 57.1% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 19 Days | +36.8% |
Summary: Homes in 19806 had an average of 19 days on market in Nov 2024, up by 36.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19806 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in 19806; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
