$1,959 Closing Credit*
$165,000
1,200 SqFt
3 Beds
•1 Full Bath
Rakan I Abu-Zahra, Listing Office: Keller Williams Realty Wilmington
Is 19809, 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, 19809 has remained a Seller's Market.
Key Takeaway
19809 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19809, DE
How much do homes in 19809, DE cost?
Median Sold Price
$328,700
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,700(+7.8%)
Key Takeaway
Homes in 19809 have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in 19809 was $328,700 in October 2024, up 7.8% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $88.7K | $104K | +17.2% |
| 2 Bedrooms | $200K | $209.7K | +4.9% |
| 3 Bedrooms | $300K | $326.7K | +8.9% |
| 4 Bedrooms | $390.5K | $409K | +4.7% |
| 5+ Bedrooms | $495K | $450K | -9.1% |
Summary: 19809 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.2%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 9.1%.
Housing Supply in 19809, DE
How many homes are available in 19809, DE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 47 | +27.0% |
Summary: The 19809 real estate market had 47 homes for sale in October 2024, a 27.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 24 | 28 | +16.7% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 19809 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 increased by 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19809, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in 19809 in October 2024, down by 27.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 25% were sold at asking, and 63% were sold over asking.
Days on Market for 19809, DE
How long does it take to sell a home in 19809, DE?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 8 Days | -25.5% |
Summary: Homes in 19809 had an average of 8 days on market in Oct 2024, down by 25.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19809 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in 19809; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
