$6,056 Closing Credit*
$510,000
1,910 SqFt
4 Beds
•2 Full Baths, 1 Partial
Cristina Di Munno-Borla, Listing Office: Empower Real Estate, LLC
Is 19938, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 19938 was a Seller's 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
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,490(+1.9%)
Key Takeaway
Homes in 19938 have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in 19938 was $399,990 in November 2024, up 1.9% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $239K | $129.7K | -45.7% |
| 3 Bedrooms | $370K | $355K | -4.1% |
| 4 Bedrooms | $464K | $460K | -0.9% |
| 5+ Bedrooms | $490.4K | $430K | -12.3% |
Summary: 19938 housing prices by bedroom type for November 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 4.1%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 12.3%.
Housing Supply in 19938, DE
How many homes are available in 19938, DE?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 30 | +20.0% |
Summary: The 19938 real estate market had 30 homes for sale in November 2024, a 20.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 12 | 17 | +41.7% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 19938 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 41.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 19938, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in 19938 in November 2024, the same as the previous month. Of the 4 sold homes, 0% were sold under asking, 75% were sold at asking, and 25% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 27 Days | +152.0% |
Summary: Homes in 19938 had an average of 27 days on market in Nov 2024, up by 152% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19938 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in 19938; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
