$5,047 Closing Credit*
$424,990
1,895 SqFt
3 Beds
•2 Full Baths
Jaime Hurlock, Listing Office: Long & Foster Real Estate, Inc.
Is Ellendale, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Ellendale has remained a Buyer's Market.
Key Takeaway
Ellendale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ellendale, DE
How much do homes in Ellendale, DE cost?
Median Sold Price
$319,995
$262/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$80,005(-20.0%)
Key Takeaway
Homes in Ellendale have sold for 20% less than they did a month ago.
Summary: The median home sold price in Ellendale was $319,995 in November 2024, down 20% from last month, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $374.9K | N/A |
| 3 Bedrooms | $355K | $265K | -25.4% |
| 4 Bedrooms | $440K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Ellendale housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 25.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Ellendale, DE
How many homes are available in Ellendale, DE?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 25 | +8.7% |
Summary: The Ellendale real estate market had 25 homes for sale in November 2024, a 8.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Ellendale 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 33.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Ellendale, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Ellendale in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Ellendale, DE
How long does it take to sell a home in Ellendale, DE?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 117 Days | +296.1% |
Summary: Homes in Ellendale had an average of 117 days on market in Nov 2024, up by 296.1% compared to last month.
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 Ellendale has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Ellendale; 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.
