$2,672 Closing Credit*
$225,000
Emad A. Abd el malek, Listing Office: Tesla Realty Group, LLC
Is 19954, 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, 19954 has remained a Seller's Market.
Key Takeaway
19954 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19954, DE
How much do homes in 19954, DE cost?
Median Sold Price
$327,500
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$27,500(-7.7%)
Key Takeaway
Homes in 19954 have sold for 7.7% less than they did a year ago.
Summary: The median home sold price in 19954 was $327,500 in November 2024, down 7.7% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $161K | $262.4K | +63.0% |
| 3 Bedrooms | $355K | $327.5K | -7.7% |
| 4 Bedrooms | $257.5K | $455K | +76.7% |
| 5+ Bedrooms | $697K | $300K | -57.0% |
Summary: 19954 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 63%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 76.7%, and 5+ bedroom homes decreased by 57%.
Housing Supply in 19954, DE
How many homes are available in 19954, DE?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Summary: The 19954 real estate market had 12 homes for sale in November 2024, a 9.1% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 19954 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19954, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 19954 in November 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for 19954, DE
How long does it take to sell a home in 19954, DE?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 171 Days | +1561.3% |
Summary: Homes in 19954 had an average of 171 days on market in Nov 2024, up by 1561.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 19954 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 3 homes were sold in 19954; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
