$6,769 Closing Credit*
$569,990
2,749 SqFt
4 Beds
•3 Full Baths
Jaime Hurlock, Listing Office: Long & Foster Real Estate, Inc.
Is 19968, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 19968 was a Seller's Market.
Key Takeaway
19968 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 19968, DE
How much do homes in 19968, DE cost?
Median Sold Price
$485,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,614(+1.6%)
Key Takeaway
Homes in 19968 have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in 19968 was $485,000 in October 2024, up 1.6% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $287.5K | $347.5K | +20.9% |
| 3 Bedrooms | $453K | $460K | +1.5% |
| 4 Bedrooms | $608.1K | $574K | -5.6% |
| 5+ Bedrooms | $530K | $742K | +40.0% |
Summary: 19968 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.9%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 40%.
Housing Supply in 19968, DE
How many homes are available in 19968, DE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 155 | 169 | +9.0% |
Summary: The 19968 real estate market had 169 homes for sale in October 2024, a 9.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 13 | +62.5% |
| 3 Bedrooms | 89 | 95 | +6.7% |
| 4 Bedrooms | 53 | 53 | 0.0% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The 19968 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 increased by 62.5%, 3 bedroom homes increased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 18 | -41.9% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19968, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 19968 in October 2024, down by 41.9% month-over-month. Of the 18 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for 19968, DE
How long does it take to sell a home in 19968, DE?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 72 Days | 57 Days | -20.7% |
Summary: Homes in 19968 had an average of 57 days on market in Oct 2024, down by 20.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 19968 has remained consistent over time.
Summary: During October 2024, 18 homes were sold in 19968; 28% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
