Is 19904, DE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19904 is a seller's market

Buyer's
Market

Difference Since December 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

$325,870

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$34,543(+11.9%)

Key Takeaway

Homes in 19904 have sold for 11.9% more than they did a year ago.

Summary: The median home sold price in 19904 was $325,870 in December 2024, up 11.9% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $45K$123.7K
+175.0%
2 $172K$210K
+22.1%
3 $275K$309K
+12.4%
4 $359.9K$400K
+11.1%
5+ $350K$489K
+39.7%

Summary: 19904 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 175%, 2 bedroom homes increased by 22.1%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 39.7%.

Median Sold Price Compared To Nearby Zip Codes

19904
+11.9%
19901
+4.3%
19934
+3.0%

Housing Supply in 19904, DE

How many homes are available in 19904, DE?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
154140-9.1%

Summary: The 19904 real estate market had 140 homes for sale in December 2024, a 9.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 01
+100.0%
2 1617
+6.3%
3 8167
-17.3%
4 4744
-6.4%
5+ 1011
+10.0%

Summary: The 19904 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 6.3%, 3 bedroom homes decreased by 17.3%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
4230-28.6%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19904, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 30 homes were sold or pending in 19904 in December 2024, down by 28.6% month-over-month. Of the 30 sold homes, 30% were sold under asking, 60% were sold at asking, and 10% 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

Dec 2023Dec 2024CHANGE
31 Days45 Days+45.2%

Summary: Homes in 19904 had an average of 45 days on market in Dec 2024, up by 45.2% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19904 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 30 homes were sold in 19904; 53% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

Newest Listings in 19904, DE

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