Is 19963, DE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19963 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 19963 has remained a Seller's Market.

Key Takeaway

19963 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19963, DE

How much do homes in 19963, DE cost?

Median Sold Price

$354,599

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$36,332(+11.4%)

Key Takeaway

Homes in 19963 have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in 19963 was $354,599 in November 2024, up 11.4% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$167.5K
N/A
2 $225K$254K
+12.9%
3 $315K$345K
+9.5%
4 $369.9K$425K
+14.9%
5+ $500K$399.9K
-20.0%

Summary: 19963 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 12.9%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes decreased by 20%.

Median Sold Price Compared To Nearby Zip Codes

19960
+12.9%
19963
+11.4%
19946
+10.9%
19952
+7.3%
19954
-7.7%

Housing Supply in 19963, DE

How many homes are available in 19963, DE?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
119118-0.8%

Summary: The 19963 real estate market had 118 homes for sale in November 2024, a 0.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1717
0.0%
3 5354
+1.9%
4 3834
-10.5%
5+ 1012
+20.0%

Summary: The 19963 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 increased by 1.9%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2621-19.2%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19963, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 19963 in November 2024, down by 19.2% month-over-month. Of the 21 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market for 19963, DE

How long does it take to sell a home in 19963, DE?

Average Sale Time

Nov 2023Nov 2024CHANGE
36 Days42 Days+14.4%

Summary: Homes in 19963 had an average of 42 days on market in Nov 2024, up by 14.4% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19963 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 21 homes were sold in 19963; 52% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 14% 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 18 Days Ago

Newest Listings in 19963, DE

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