$3,681 Closing Credit*
$310,000
1,296 SqFt
3 Beds
•2 Full Baths
Ashley Lyon, Listing Office: Keller Williams Realty Central-Delaware
Is 19904, 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, 19904 has remained a Seller's Market.
Key Takeaway
19904 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19904, DE
How much do homes in 19904, DE cost?
Median Sold Price
$320,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$31,500(+10.9%)
Key Takeaway
Homes in 19904 have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in 19904 was $320,000 in October 2024, up 10.9% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $117.5K | N/A |
| 2 Bedrooms | $172K | $208K | +20.9% |
| 3 Bedrooms | $274.9K | $299.9K | +9.1% |
| 4 Bedrooms | $357.5K | $399.9K | +11.9% |
| 5+ Bedrooms | $347.5K | $432.5K | +24.5% |
Summary: 19904 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 20.9%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 24.5%.
Housing Supply in 19904, DE
How many homes are available in 19904, DE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 157 | 167 | +6.4% |
Summary: The 19904 real estate market had 167 homes for sale in October 2024, a 6.4% 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 | 18 | 17 | -5.6% |
| 3 Bedrooms | 81 | 87 | +7.4% |
| 4 Bedrooms | 45 | 53 | +17.8% |
| 5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The 19904 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 decreased by 5.6%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 37 | +42.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19904, expect to pay close to the asking price. 43.2% of homes here sold near the asking price last month.
Summary: A total of 37 homes were sold or pending in 19904 in October 2024, up by 42.3% month-over-month. Of the 37 sold homes, 27% were sold under asking, 43% were sold at asking, and 30% were sold over asking.
Days on Market for 19904, DE
How long does it take to sell a home in 19904, DE?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 32 Days | +76.1% |
Summary: Homes in 19904 had an average of 32 days on market in Oct 2024, up by 76.1% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19904 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 37 homes were sold in 19904; 65% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
