$5,047 Closing Credit*
$425,000
2,030 SqFt
4 Beds
•3 Full Baths, 1 Partial
Shonda D Kelly, Listing Office: KW Empower
Is Felton, 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, Felton has remained a Seller's Market.
Key Takeaway
Felton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Felton, DE
How much do homes in Felton, DE cost?
Median Sold Price
$384,900
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,900(+5.5%)
Key Takeaway
Homes in Felton have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Felton was $384,900 in November 2024, up 5.5% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $40K | N/A |
| 2 Bedrooms | $225K | $269.9K | +20.0% |
| 3 Bedrooms | $350K | $354.2K | +1.2% |
| 4 Bedrooms | $414.5K | $415K | 0.1% |
| 5+ Bedrooms | $590K | $545K | -7.6% |
Summary: Felton 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 20%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 7.6%.
Housing Supply in Felton, DE
How many homes are available in Felton, DE?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 75 | 81 | +8.0% |
Summary: The Felton real estate market had 81 homes for sale in November 2024, a 8.0% 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 | 3 | 0.0% |
| 3 Bedrooms | 41 | 43 | +4.9% |
| 4 Bedrooms | 28 | 30 | +7.1% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Felton 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 increased by 4.9%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 17 | +54.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Felton, expect to pay close to the asking price. 47.1% of homes here sold near the asking price last month.
Summary: A total of 17 homes were sold or pending in Felton in November 2024, up by 54.5% month-over-month. Of the 17 sold homes, 35% were sold under asking, 47% were sold at asking, and 18% were sold over asking.
Days on Market for Felton, DE
How long does it take to sell a home in Felton, DE?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 65 Days | 71 Days | +9.5% |
Summary: Homes in Felton had an average of 71 days on market in Nov 2024, up by 9.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Felton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in Felton; 59% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
