$3,384 Closing Credit*
$285,000
1,904 SqFt
3 Beds
•2 Full Baths, 1 Partial
Michael Aldridge, Listing Office: Compass
Is 19901, 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, 19901 has remained a Seller's Market.
Key Takeaway
19901 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19901, DE
How much do homes in 19901, DE cost?
Median Sold Price
$303,996
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,996(+4.1%)
Key Takeaway
Homes in 19901 have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in 19901 was $303,996 in October 2024, up 4.1% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $187.8K | N/A |
| 2 Bedrooms | $227.5K | $235K | +3.3% |
| 3 Bedrooms | $283K | $294.5K | +4.1% |
| 4 Bedrooms | $350K | $365.5K | +4.4% |
| 5+ Bedrooms | $376K | $502.4K | +33.6% |
Summary: 19901 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 33.6%.
Median Sold Price Compared To Nearby Zip Codes
| 19904 | $288.5K | $320K | +10.9% |
| 19901 | $292K | $303.9K | +4.1% |
Housing Supply in 19901, DE
How many homes are available in 19901, DE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 111 | 115 | +3.6% |
Summary: The 19901 real estate market had 115 homes for sale in October 2024, a 3.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 11 | 13 | +18.2% |
| 3 Bedrooms | 59 | 61 | +3.4% |
| 4 Bedrooms | 34 | 35 | +2.9% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 19901 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 25 | -3.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19901, expect to pay close to the asking price. 44% of homes here sold near the asking price last month.
Summary: A total of 25 homes were sold or pending in 19901 in October 2024, down by 3.8% month-over-month. Of the 25 sold homes, 36% were sold under asking, 44% were sold at asking, and 20% were sold over asking.
Days on Market for 19901, DE
How long does it take to sell a home in 19901, DE?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 33 Days | +22.9% |
Summary: Homes in 19901 had an average of 33 days on market in Oct 2024, up by 22.9% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19901 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 25 homes were sold in 19901; 64% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
