$7,659 Closing Credit*
$645,000
1,650 SqFt
3 Beds
•2 Full Baths, 1 Partial
Anselim N Njoka, Listing Office: Concord Realty Group
Is 19807, 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, 19807 was a Buyer's Market.
Key Takeaway
19807 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19807, DE
How much do homes in 19807, DE cost?
Median Sold Price
$935,000
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,500(+2.8%)
Key Takeaway
Homes in 19807 have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in 19807 was $935,000 in November 2024, up 2.8% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $806K | N/A |
| 3 Bedrooms | $656K | $851K | +29.7% |
| 4 Bedrooms | $897K | $895K | -0.2% |
| 5+ Bedrooms | $1.4M | $1.6M | +10.3% |
Summary: 19807 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 did not change, 3 bedroom homes increased by 29.7%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 10.3%.
Median Sold Price Compared To Nearby Zip Codes
| 19805 | $220K | $231.5K | +5.2% |
| 19807 | $909.5K | $935K | +2.8% |
Housing Supply in 19807, DE
How many homes are available in 19807, DE?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 30 | -3.2% |
Summary: The 19807 real estate market had 30 homes for sale in November 2024, a 3.2% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 15 | 14 | -6.7% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The 19807 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 remained the same, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 19807, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 19807 in November 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for 19807, DE
How long does it take to sell a home in 19807, DE?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 68 Days | +96.2% |
Summary: Homes in 19807 had an average of 68 days on market in Nov 2024, up by 96.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 19807 has remained consistent over time.
Summary: During November 2024, 6 homes were sold in 19807; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
