Is 19967, DE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19967 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 19967 has remained a Seller's Market.

Key Takeaway

19967 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19967, DE

How much do homes in 19967, DE cost?

Median Sold Price

$492,000

$211/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$42,500(+9.5%)

Key Takeaway

Homes in 19967 have sold for 9.5% more than they did a month ago.

Summary: The median home sold price in 19967 was $492,000 in November 2024, up 9.5% from last month, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $420K$426.4K
+1.5%
4 $610K$469K
-23.1%
5+ -$596.9K
N/A

Summary: 19967 housing prices by bedroom type for November 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 increased by 1.5%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes did not change.

Housing Supply in 19967, DE

How many homes are available in 19967, DE?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2321-8.7%

Summary: The 19967 real estate market had 21 homes for sale in November 2024, a 8.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1513
-13.3%
4 65
-16.7%
5+ 23
+50.0%

Summary: The 19967 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 13.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19967, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 19967 in November 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 19967, DE

How long does it take to sell a home in 19967, DE?

Average Sale Time

Oct 2024Nov 2024CHANGE
74 Days45 Days-39.1%

Summary: Homes in 19967 had an average of 45 days on market in Nov 2024, down by 39.1% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19967 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in 19967; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 22 Days Ago

Newest Listings in 19967, DE

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