$10,000 Closing Credit*
$1,275,000
1,232 SqFt
4 Beds
•3 Full Baths, 1 Partial
Kathryn Hanlon Pridmore, Listing Office: Northrop Realty
Is 19951, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 19951 was a Buyer's Market.
Key Takeaway
19951 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 19951, DE
How much do homes in 19951, DE cost?
Median Sold Price
$677,766
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$73,526(-9.8%)
Key Takeaway
Homes in 19951 have sold for 9.8% less than they did a year ago.
Summary: The median home sold price in 19951 was $677,766 in October 2024, down 9.8% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $202.2K | N/A |
| 3 Bedrooms | $751.2K | $575K | -23.5% |
| 4 Bedrooms | $760.4K | $759.9K | -0.1% |
| 5+ Bedrooms | $660.8K | $588.5K | -11.0% |
Summary: 19951 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 did not change, 3 bedroom homes decreased by 23.5%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 11%.
Housing Supply in 19951, DE
How many homes are available in 19951, DE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 33 | +10.0% |
Summary: The 19951 real estate market had 33 homes for sale in October 2024, a 10.0% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 19 | 21 | +10.5% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 19951 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 remained the same, 3 bedroom homes increased by 10.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19951, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 19951 in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for 19951, DE
How long does it take to sell a home in 19951, DE?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 3 Days | 86 Days | +2766.7% |
Summary: Homes in 19951 had an average of 86 days on market in Oct 2024, up by 2766.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 19951 has remained consistent over time.
Summary: During October 2024, 5 homes were sold in 19951; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
