$5,283 Closing Credit*
$444,900
3,246 SqFt
4 Beds
•2 Full Baths, 1 Partial
Mark J. Levering, Listing Office: Patterson-Schwartz-Dover
Is Cheswold, 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, Cheswold has remained a Seller's Market.
Key Takeaway
Cheswold is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cheswold, DE
How much do homes in Cheswold, DE cost?
Median Sold Price
$405,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$45,000(+12.5%)
Key Takeaway
Homes in Cheswold have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in Cheswold was $405,000 in November 2024, up 12.5% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $140K | N/A |
| 3 Bedrooms | $362.5K | $270K | -25.5% |
| 4 Bedrooms | $339.9K | $426K | +25.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Cheswold 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 did not change, 3 bedroom homes decreased by 25.5%, 4 bedroom homes increased by 25.3%, and 5+ bedroom homes did not change.
Housing Supply in Cheswold, DE
How many homes are available in Cheswold, DE?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The Cheswold real estate market had 8 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cheswold 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cheswold, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Cheswold in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Cheswold, DE
How long does it take to sell a home in Cheswold, DE?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 148 Days | 81 Days | -45.3% |
Summary: Homes in Cheswold had an average of 81 days on market in Nov 2024, down by 45.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cheswold has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Cheswold; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
