$3,022 Closing Credit*
$254,500
1,120 SqFt
2 Beds
•1 Full Bath, 1 Partial
James Michael Grear, Listing Office: Coldwell Banker Realty
Is Dagsboro, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Dagsboro was a Seller's Market.
Key Takeaway
Dagsboro is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Dagsboro, DE
How much do homes in Dagsboro, DE cost?
Median Sold Price
$427,500
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,500(+2.5%)
Key Takeaway
Homes in Dagsboro have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Dagsboro was $427,500 in November 2024, up 2.5% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $264.9K | $292.5K | +10.4% |
| 3 Bedrooms | $404.5K | $384K | -5.1% |
| 4 Bedrooms | $540.4K | $565.9K | +4.7% |
| 5+ Bedrooms | $690K | $580K | -15.9% |
Summary: Dagsboro 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 10.4%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 15.9%.
Median Sold Price Compared To Nearby Cities
| Selbyville-Frankford | $529.8K | $555.5K | +4.9% |
| Dagsboro | $417K | $427.5K | +2.5% |
Housing Supply in Dagsboro, DE
How many homes are available in Dagsboro, DE?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 56 | 50 | -10.7% |
Summary: The Dagsboro real estate market had 50 homes for sale in November 2024, a 10.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 36 | 34 | -5.6% |
| 4 Bedrooms | 12 | 8 | -33.3% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Dagsboro 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 50%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 5 | -58.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dagsboro, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Dagsboro in November 2024, down by 58.3% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Dagsboro, DE
How long does it take to sell a home in Dagsboro, DE?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 92 Days | 23 Days | -74.3% |
Summary: Homes in Dagsboro had an average of 23 days on market in Nov 2024, down by 74.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dagsboro are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Dagsboro; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
