$159,900
0.88 Acres
Land
William Bjorkland, 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 October 2023
Since last year, Dagsboro has remained a Seller's Market.
Key Takeaway
Dagsboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dagsboro, DE
How much do homes in Dagsboro, DE cost?
Median Sold Price
$439,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$29,000(+7.1%)
Key Takeaway
Homes in Dagsboro have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Dagsboro was $439,000 in October 2024, up 7.1% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $261K | $312.5K | +19.7% |
| 3 Bedrooms | $399.9K | $399.5K | -0.1% |
| 4 Bedrooms | $545K | $556.8K | +2.2% |
| 5+ Bedrooms | $690K | $580K | -15.9% |
Summary: Dagsboro 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 19.7%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 15.9%.
Median Sold Price Compared To Nearby Cities
| Dagsboro | $410K | $439K | +7.1% |
| Selbyville-Frankford | $531.9K | $550.4K | +3.5% |
Housing Supply in Dagsboro, DE
How many homes are available in Dagsboro, DE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 | 55 | +1.9% |
Summary: The Dagsboro real estate market had 55 homes for sale in October 2024, a 1.9% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 36 | 33 | -8.3% |
| 4 Bedrooms | 10 | 14 | +40.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Dagsboro 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 remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 11 | +57.1% |
Asking Price vs. Sold Price
9 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 Dagsboro, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Dagsboro in October 2024, up by 57.1% month-over-month. Of the 11 sold homes, 82% were sold under asking, 9% were sold at asking, and 9% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 72 Days | 129 Days | +79.9% |
Summary: Homes in Dagsboro had an average of 129 days on market in Oct 2024, up by 79.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Dagsboro are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 11 homes were sold in Dagsboro; 9% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 55% of homes were sold over 90 days.
