Is 19934, DE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19934 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 19934 has remained a Seller's Market.

Key Takeaway

19934 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19934, DE

How much do homes in 19934, DE cost?

Median Sold Price

$375,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$11,000(+3.0%)

Key Takeaway

Homes in 19934 have sold for 3% more than they did a year ago.

Summary: The median home sold price in 19934 was $375,000 in December 2024, up 3% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$186K
N/A
2 $200K$223.5K
+11.8%
3 $299K$339.9K
+13.7%
4 $455K$445K
-2.2%
5+ $587.5K$584K
-0.6%

Summary: 19934 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 13.7%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 0.6%.

Median Sold Price Compared To Nearby Zip Codes

19904
+11.9%
19943
+5.5%
19934
+3.0%

Housing Supply in 19934, DE

How many homes are available in 19934, DE?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5256+7.7%

Summary: The 19934 real estate market had 56 homes for sale in December 2024, a 7.7% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 68
+33.3%
3 2423
-4.2%
4 1821
+16.7%
5+ 44
0.0%

Summary: The 19934 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
812+50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19934, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.

Summary: A total of 12 homes were sold or pending in 19934 in December 2024, up by 50.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 42% were sold at asking, and 25% were sold over asking.

Days on Market for 19934, DE

How long does it take to sell a home in 19934, DE?

Average Sale Time

Dec 2023Dec 2024CHANGE
24 Days19 Days-20.1%

Summary: Homes in 19934 had an average of 19 days on market in Dec 2024, down by 20.1% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19934 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 12 homes were sold in 19934; 92% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 8% 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 6 Days Ago

Newest Listings in 19934, DE

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