Is 19946, DE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19946 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 19946 has remained a Seller's Market.

Key Takeaway

19946 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19946, DE

How much do homes in 19946, DE cost?

Median Sold Price

$382,500

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,500(+10.9%)

Key Takeaway

Homes in 19946 have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in 19946 was $382,500 in November 2024, up 10.9% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$289K
N/A
2 $200K$291.4K
+45.7%
3 $329K$329.5K
0.2%
4 $430K$415.4K
-3.4%
5+ $470K$495K
+5.3%

Summary: 19946 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 45.7%, 3 bedroom homes increased by 0.2%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 5.3%.

Median Sold Price Compared To Nearby Zip Codes

19963
+11.4%
19946
+10.9%
19901
+4.1%
19962
+3.4%
19943
+1.6%

Housing Supply in 19946, DE

How many homes are available in 19946, DE?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3428-17.6%

Summary: The 19946 real estate market had 28 homes for sale in November 2024, a 17.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 11
0.0%
3 1917
-10.5%
4 139
-30.8%
5+ 00
0.0%

Summary: The 19946 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 decreased by 10.5%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
712+71.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19946, expect to pay close to the asking price. 58.3% of homes here sold near the asking price last month.

Summary: A total of 12 homes were sold or pending in 19946 in November 2024, up by 71.4% month-over-month. Of the 12 sold homes, 17% were sold under asking, 58% were sold at asking, and 25% were sold over asking.

Days on Market for 19946, DE

How long does it take to sell a home in 19946, DE?

Average Sale Time

Nov 2023Nov 2024CHANGE
47 Days45 Days-4.3%

Summary: Homes in 19946 had an average of 45 days on market in Nov 2024, down by 4.3% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19946 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 12 homes were sold in 19946; 50% of homes were sold within 30 days, 25% 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 19946, DE

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