$7,838 Closing Credit*
$660,000
483 SqFt
3 Beds
•2 Full Baths, 1 Partial
Cheryle Christine Choudhary, Listing Office: The Parker Group
Is 19951, 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, 19951 has remained a Buyer's Market.
Key Takeaway
19951 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 19951, DE
How much do homes in 19951, DE cost?
Median Sold Price
$639,000
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$86,946(-12.0%)
Key Takeaway
Homes in 19951 have sold for 12% less than they did a year ago.
Summary: The median home sold price in 19951 was $639,000 in November 2024, down 12% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $202.2K | N/A |
| 3 Bedrooms | $725.9K | $525K | -27.7% |
| 4 Bedrooms | $757K | $755.5K | -0.2% |
| 5+ Bedrooms | $650K | $527K | -18.9% |
Summary: 19951 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 did not change, 3 bedroom homes decreased by 27.7%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes decreased by 18.9%.
Housing Supply in 19951, DE
How many homes are available in 19951, DE?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 24 | -17.2% |
Summary: The 19951 real estate market had 24 homes for sale in November 2024, a 17.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 17 | 15 | -11.8% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 19951 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 11.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were 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. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 19951 in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 1 Day | 80 Days | +7900.0% |
Summary: Homes in 19951 had an average of 80 days on market in Nov 2024, up by 7900% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 19951 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 19951; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
