$4,986 Closing Credit*
$419,900
2,100 SqFt
3 Beds
•2 Full Baths, 1 Partial
Lorraine C Sheldon, Listing Office: EMORY HILL REAL ESTATE SERVICES INC.
Is 19808, 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, 19808 has remained a Seller's Market.
Key Takeaway
19808 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19808, DE
How much do homes in 19808, DE cost?
Median Sold Price
$375,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,750(+7.1%)
Key Takeaway
Homes in 19808 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 19808 was $375,000 in October 2024, up 7.1% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $182.5K | $215K | +17.8% |
| 2 Bedrooms | $250K | $250K | 0.0% |
| 3 Bedrooms | $350K | $360K | +2.9% |
| 4 Bedrooms | $405K | $459.9K | +13.6% |
| 5+ Bedrooms | $483K | $509.9K | +5.6% |
Summary: 19808 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.8%, 2 bedroom homes did not change, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 5.6%.
Housing Supply in 19808, DE
How many homes are available in 19808, DE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 111 | 95 | -14.4% |
Summary: The 19808 real estate market had 95 homes for sale in October 2024, a 14.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 17 | 16 | -5.9% |
| 3 Bedrooms | 51 | 42 | -17.6% |
| 4 Bedrooms | 32 | 28 | -12.5% |
| 5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The 19808 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 | 29 | -40.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19808, you may be able to get a good deal. 37.9% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in 19808 in October 2024, down by 40.8% month-over-month. Of the 29 sold homes, 38% were sold under asking, 28% were sold at asking, and 34% were sold over asking.
Days on Market for 19808, DE
How long does it take to sell a home in 19808, DE?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 12 Days | -15.9% |
Summary: Homes in 19808 had an average of 12 days on market in Oct 2024, down by 15.9% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19808 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 29 homes were sold in 19808; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
