Is 19953, DE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19953 is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, 19953 has remained a Neutral Market.

Key Takeaway

19953 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 19953, DE

How much do homes in 19953, DE cost?

Median Sold Price

$425,000

$227/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$75,000(-15.0%)

Key Takeaway

Homes in 19953 have sold for 15% less than they did a month ago.

Summary: The median home sold price in 19953 was $425,000 in October 2024, down 15% from last month, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $500K$425K
-15.0%
5+ --
N/A

Summary: 19953 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 15%, and 5+ bedroom homes did not change.

Housing Supply in 19953, DE

How many homes are available in 19953, DE?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
67+16.7%

Summary: The 19953 real estate market had 7 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 45
+25.0%
4 21
-50.0%
5+ 01
+100.0%

Summary: The 19953 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 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19953, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 19953 in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 19953, DE

How long does it take to sell a home in 19953, DE?

Average Sale Time

Sep 2024Oct 2024CHANGE
75 Days7 Days-90.7%

Summary: Homes in 19953 had an average of 7 days on market in Oct 2024, down by 90.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19953 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 19953; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in 19953, DE

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