$5,641 Closing Credit*
$475,000
1,971 SqFt
4 Beds
•2 Full Baths
Sarah Shoemaker, Listing Office: Keller Williams Realty
Is 19970, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 19970 has remained a Seller's Market.
Key Takeaway
19970 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19970, DE
How much do homes in 19970, DE cost?
Median Sold Price
$530,803
$260/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,808(+6.2%)
Key Takeaway
Homes in 19970 have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in 19970 was $530,803 in October 2024, up 6.2% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $362K | $375K | +3.6% |
| 3 Bedrooms | $435K | $480.5K | +10.5% |
| 4 Bedrooms | $619.2K | $630K | +1.7% |
| 5+ Bedrooms | $845K | $770K | -8.9% |
Summary: 19970 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 3.6%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 8.9%.
Housing Supply in 19970, DE
How many homes are available in 19970, DE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 156 | 153 | -1.9% |
Summary: The 19970 real estate market had 153 homes for sale in October 2024, a 1.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 12 | -14.3% |
| 3 Bedrooms | 78 | 70 | -10.3% |
| 4 Bedrooms | 47 | 52 | +10.6% |
| 5+ Bedrooms | 17 | 19 | +11.8% |
Summary: The 19970 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 decreased by 14.3%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 37 | +23.3% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19970, you may be able to get a good deal. 62.2% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in 19970 in October 2024, up by 23.3% month-over-month. Of the 37 sold homes, 62% were sold under asking, 16% were sold at asking, and 22% were sold over asking.
Days on Market for 19970, DE
How long does it take to sell a home in 19970, DE?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 39 Days | 43 Days | +10.1% |
Summary: Homes in 19970 had an average of 43 days on market in Oct 2024, up by 10.1% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19970 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 37 homes were sold in 19970; 65% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
