Is 19944, DE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19944 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 19944 has remained a Seller's Market.

Key Takeaway

19944 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19944, DE

How much do homes in 19944, DE cost?

Median Sold Price

$1,030,000

$585/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$180,000(-14.9%)

Key Takeaway

Homes in 19944 have sold for 14.9% less than they did a year ago.

Summary: The median home sold price in 19944 was $1,030,000 in October 2024, down 14.9% from last year, and the median price per square foot was $585.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$360.3K
N/A
2 $837.5K$492.5K
-41.2%
3 $867.5K$897.5K
+3.5%
4 $1.9M$1.3M
-30.2%
5+ $2.1M$1.6M
-21.2%

Summary: 19944 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 41.2%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 30.2%, and 5+ bedroom homes decreased by 21.2%.

Median Sold Price Compared To Nearby Zip Codes

19975
+8.4%
19930
-4.1%
19945
-6.7%
19944
-14.9%

Housing Supply in 19944, DE

How many homes are available in 19944, DE?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1822+22.2%

Summary: The 19944 real estate market had 22 homes for sale in October 2024, a 22.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 45
+25.0%
4 55
0.0%
5+ 911
+22.2%

Summary: The 19944 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 increased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19944, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 19944 in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 19944, DE

How long does it take to sell a home in 19944, DE?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days63 Days+153.0%

Summary: Homes in 19944 had an average of 63 days on market in Oct 2024, up by 153% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 19944 has remained consistent over time.

Summary: During October 2024, 4 homes were sold in 19944; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 19944, DE

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