$4,513 Closing Credit*
$380,000
2,116 SqFt
3 Beds
•2 Full Baths
Laura Natalie Correa, Listing Office: Empower Real Estate, LLC
Is Felton, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Felton was a Seller's Market.
Key Takeaway
Felton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Felton, DE
How much do homes in Felton, DE cost?
Median Sold Price
$385,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+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 $385,000 in October 2024, up 5.5% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $40K | N/A |
| 2 Bedrooms | $223.7K | $259.9K | +16.2% |
| 3 Bedrooms | $350K | $351K | 0.3% |
| 4 Bedrooms | $410K | $423.9K | +3.4% |
| 5+ Bedrooms | $590K | $587.3K | -0.5% |
Summary: Felton 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 16.2%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 0.5%.
Housing Supply in Felton, DE
How many homes are available in Felton, DE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 73 | 74 | +1.4% |
Summary: The Felton real estate market had 74 homes for sale in October 2024, a 1.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 43 | 43 | 0.0% |
| 4 Bedrooms | 25 | 25 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Felton 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Felton, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Felton in October 2024, down by 26.7% month-over-month. Of the 11 sold homes, 55% were sold under asking, 45% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 30 Days | +9.2% |
Summary: Homes in Felton had an average of 30 days on market in Oct 2024, up by 9.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Felton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in Felton; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
