$225,000
1.67 Acres
Land
STACI WALLS, Listing Office: NextHome Tomorrow Realty
Is 19966, 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, 19966 has remained a Seller's Market.
Key Takeaway
19966 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19966, DE
How much do homes in 19966, DE cost?
Median Sold Price
$434,982
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,982(+3.6%)
Key Takeaway
Homes in 19966 have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in 19966 was $434,982 in November 2024, up 3.6% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $135K | -27.0% |
| 2 Bedrooms | $257.4K | $290K | +12.6% |
| 3 Bedrooms | $393.7K | $395.5K | 0.4% |
| 4 Bedrooms | $549.9K | $521.1K | -5.2% |
| 5+ Bedrooms | $807.5K | $719K | -11.0% |
Summary: 19966 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27%, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes decreased by 11%.
Housing Supply in 19966, DE
How many homes are available in 19966, DE?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 301 | 332 | +10.3% |
Summary: The 19966 real estate market had 332 homes for sale in November 2024, a 10.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 29 | 28 | -3.4% |
| 3 Bedrooms | 168 | 200 | +19.0% |
| 4 Bedrooms | 77 | 80 | +3.9% |
| 5+ Bedrooms | 25 | 23 | -8.0% |
Summary: The 19966 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 60 | +36.4% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19966, expect to pay close to the asking price. 45% of homes here sold near the asking price last month.
Summary: A total of 60 homes were sold or pending in 19966 in November 2024, up by 36.4% month-over-month. Of the 60 sold homes, 43% were sold under asking, 45% were sold at asking, and 12% were sold over asking.
Days on Market for 19966, DE
How long does it take to sell a home in 19966, DE?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 59 Days | 33 Days | -44.6% |
Summary: Homes in 19966 had an average of 33 days on market in Nov 2024, down by 44.6% compared to last year.
Breakdown of Home Sale Times
44 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19966 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 60 homes were sold in 19966; 73% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
