Is 19973, DE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19973 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 19973 has remained a Seller's Market.

Key Takeaway

19973 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19973, DE

How much do homes in 19973, DE cost?

Median Sold Price

$301,666

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,666(+7.7%)

Key Takeaway

Homes in 19973 have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in 19973 was $301,666 in November 2024, up 7.7% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$215.2K
N/A
2 $195K$216.4K
+11.0%
3 $283K$299K
+5.6%
4 $344.4K$365.5K
+6.1%
5+ $275K$702K
+155.3%

Summary: 19973 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 11%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 155.3%.

Median Sold Price Compared To Nearby Zip Codes

19973
+7.7%
19956
+4.5%
19933
+3.4%

Housing Supply in 19973, DE

How many homes are available in 19973, DE?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
11299-11.6%

Summary: The 19973 real estate market had 99 homes for sale in November 2024, a 11.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 911
+22.2%
3 6556
-13.8%
4 3529
-17.1%
5+ 22
0.0%

Summary: The 19973 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 increased by 22.2%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2820-28.6%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19973, you may be able to get a good deal. 45% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 19973 in November 2024, down by 28.6% month-over-month. Of the 20 sold homes, 45% were sold under asking, 20% were sold at asking, and 35% were sold over asking.

Days on Market for 19973, DE

How long does it take to sell a home in 19973, DE?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days77 Days+190.3%

Summary: Homes in 19973 had an average of 77 days on market in Nov 2024, up by 190.3% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19973 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 20 homes were sold in 19973; 40% of homes were sold within 30 days, 35% 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 17 Days Ago

Newest Listings in 19973, DE

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