$5,581 Closing Credit*
$469,990
2,332 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jaime Hurlock, Listing Office: Long & Foster Real Estate, Inc.
Is 19945, 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, 19945 has remained a Seller's Market.
Key Takeaway
19945 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19945, DE
How much do homes in 19945, DE cost?
Median Sold Price
$504,990
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$36,010(-6.7%)
Key Takeaway
Homes in 19945 have sold for 6.7% less than they did a year ago.
Summary: The median home sold price in 19945 was $504,990 in October 2024, down 6.7% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | - | N/A |
| 2 Bedrooms | $275.5K | $285K | +3.4% |
| 3 Bedrooms | $472.4K | $468.7K | -0.8% |
| 4 Bedrooms | $615K | $563.2K | -8.4% |
| 5+ Bedrooms | $797.5K | $830K | +4.1% |
Summary: 19945 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 3.4%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 8.4%, and 5+ bedroom homes increased by 4.1%.
Housing Supply in 19945, DE
How many homes are available in 19945, DE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 142 | 138 | -2.8% |
Summary: The 19945 real estate market had 138 homes for sale in October 2024, a 2.8% decrease 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 | 3 | 1 | -66.7% |
| 3 Bedrooms | 74 | 69 | -6.8% |
| 4 Bedrooms | 58 | 60 | +3.4% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 19945 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 66.7%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 26 | 0.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19945, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 19945 in October 2024, the same as the previous month. Of the 26 sold homes, 50% were sold under asking, 27% were sold at asking, and 23% were sold over asking.
Days on Market for 19945, DE
How long does it take to sell a home in 19945, DE?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 71 Days | +171.1% |
Summary: Homes in 19945 had an average of 71 days on market in Oct 2024, up by 171.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19945 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 26 homes were sold in 19945; 38% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.
