$159,900
0.88 Acres
Land
William Bjorkland, Listing Office: Coldwell Banker Realty
Is 19939, 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, 19939 has remained a Seller's Market.
Key Takeaway
19939 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19939, DE
How much do homes in 19939, DE cost?
Median Sold Price
$430,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,000(+3.9%)
Key Takeaway
Homes in 19939 have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in 19939 was $430,000 in October 2024, up 3.9% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $261K | $312.5K | +19.7% |
| 3 Bedrooms | $399.9K | $382K | -4.5% |
| 4 Bedrooms | $535.9K | $520K | -3.0% |
| 5+ Bedrooms | $893.7K | $580K | -35.1% |
Summary: 19939 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 19.7%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 35.1%.
Housing Supply in 19939, DE
How many homes are available in 19939, DE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 54 | +1.9% |
Summary: The 19939 real estate market had 54 homes for sale in October 2024, a 1.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 35 | 32 | -8.6% |
| 4 Bedrooms | 10 | 14 | +40.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 19939 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 remained the same, 3 bedroom homes decreased by 8.6%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 19939, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 19939 in October 2024, up by 42.9% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% were sold over asking.
Days on Market for 19939, DE
How long does it take to sell a home in 19939, DE?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 72 Days | 137 Days | +91.2% |
Summary: Homes in 19939 had an average of 137 days on market in Oct 2024, up by 91.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 19939 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 10 homes were sold in 19939; 10% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
