Is 19939, DE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19939 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 19939 was a Seller's Market.

Key Takeaway

19939 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 19939, DE

How much do homes in 19939, DE cost?

Median Sold Price

$419,900

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,900(+1.2%)

Key Takeaway

Homes in 19939 have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in 19939 was $419,900 in November 2024, up 1.2% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $264.9K$292.5K
+10.4%
3 $400K$380K
-5.0%
4 $525.4K$550K
+4.7%
5+ $690K$580K
-15.9%

Summary: 19939 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 increased by 10.4%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 15.9%.

Median Sold Price Compared To Nearby Zip Codes

19970
+5.2%
19966
+3.6%
19939
+1.2%
19945
-3.0%

Housing Supply in 19939, DE

How many homes are available in 19939, DE?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5449-9.3%

Summary: The 19939 real estate market had 49 homes for sale in November 2024, a 9.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 23
+50.0%
3 3433
-2.9%
4 128
-33.3%
5+ 54
-20.0%

Summary: The 19939 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 increased by 50%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
114-63.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19939, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 19939 in November 2024, down by 63.6% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
101 Days28 Days-72.1%

Summary: Homes in 19939 had an average of 28 days on market in Nov 2024, down by 72.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19939 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in 19939; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in 19939, DE

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