$1,306 Closing Credit*
$110,000
1,100 SqFt
2 Beds
•2 Full Baths
Shane M Pezick, Listing Office: RE/MAX Associates-Wilmington
Is 19809, 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, 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
$331,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+8.2%)
Key Takeaway
Homes in 19809 have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in 19809 was $331,000 in November 2024, up 8.2% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $89.5K | $100K | +11.7% |
| 2 Bedrooms | $201K | $176K | -12.4% |
| 3 Bedrooms | $305K | $330K | +8.2% |
| 4 Bedrooms | $395K | $416K | +5.3% |
| 5+ Bedrooms | $535K | $437.6K | -18.2% |
Summary: 19809 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.7%, 2 bedroom homes decreased by 12.4%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 18.2%.
Housing Supply in 19809, DE
How many homes are available in 19809, DE?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 49 | 0.0% |
Summary: The 19809 real estate market had 49 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 29 | 31 | +6.9% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 19809 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 16 | +45.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19809, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.
Summary: A total of 16 homes were sold or pending in 19809 in November 2024, up by 45.5% month-over-month. Of the 16 sold homes, 25% were sold under asking, 38% were sold at asking, and 38% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 7 Days | 16 Days | +126.3% |
Summary: Homes in 19809 had an average of 16 days on market in Nov 2024, up by 126.3% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 19809 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 16 homes were sold in 19809; 88% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
