$45,600
0.16 Acres
Land
Bernard Desrouleaux, Listing Office: Coldwell Banker Premier - Milford
Is 19947, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 19947 has remained a Seller's Market.
Key Takeaway
19947 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19947, DE
How much do homes in 19947, DE cost?
Median Sold Price
$388,500
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,275(+3.0%)
Key Takeaway
Homes in 19947 have sold for 3% more than they did a year ago.
Summary: The median home sold price in 19947 was $388,500 in November 2024, up 3% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75K | - | N/A |
| 2 Bedrooms | $233.5K | $289.5K | +24.0% |
| 3 Bedrooms | $375K | $390K | +4.0% |
| 4 Bedrooms | $469.9K | $450.4K | -4.1% |
| 5+ Bedrooms | $550K | $619K | +12.5% |
Summary: 19947 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 24%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 12.5%.
Housing Supply in 19947, DE
How many homes are available in 19947, DE?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 100 | 89 | -11.0% |
Summary: The 19947 real estate market had 89 homes for sale in November 2024, a 11.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 62 | 52 | -16.1% |
| 4 Bedrooms | 27 | 26 | -3.7% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 19947 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 decreased by 22.2%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 17 | -22.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 19947, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 19947 in November 2024, down by 22.7% month-over-month. Of the 17 sold homes, 47% were sold under asking, 47% were sold at asking, and 6% were sold over asking.
Days on Market for 19947, DE
How long does it take to sell a home in 19947, DE?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 89 Days | +226.1% |
Summary: Homes in 19947 had an average of 89 days on market in Nov 2024, up by 226.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19947 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in 19947; 35% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
