$7,124 Closing Credit*
$599,900
4,006 SqFt
4 Beds
•4 Full Baths, 1 Partial
Jacqueline D. Much, Listing Office: Keller Williams Real Estate - West Chester
Is 19938, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 19938 was a Neutral Market.
Key Takeaway
19938 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 19938, DE
How much do homes in 19938, DE cost?
Median Sold Price
$399,990
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,990(+2.6%)
Key Takeaway
Homes in 19938 have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in 19938 was $399,990 in October 2024, up 2.6% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $239K | $129.7K | -45.7% |
| 3 Bedrooms | $369.9K | $359.9K | -2.7% |
| 4 Bedrooms | $443.9K | $475K | +7.0% |
| 5+ Bedrooms | $491K | $452.5K | -7.8% |
Summary: 19938 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 decreased by 45.7%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 7.8%.
Housing Supply in 19938, DE
How many homes are available in 19938, DE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 26 | +4.0% |
Summary: The 19938 real estate market had 26 homes for sale in October 2024, a 4.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 16 | 12 | -25.0% |
| 4 Bedrooms | 5 | 9 | +80.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 19938 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 80%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 3 | -62.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 19938, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 19938 in October 2024, down by 62.5% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 19938, DE
How long does it take to sell a home in 19938, DE?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 38 Days | +166.7% |
Summary: Homes in 19938 had an average of 38 days on market in Oct 2024, up by 166.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 19938 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 19938; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
