$1,661 Closing Credit*
$139,900
1,025 SqFt
2 Beds
•1 Full Bath
Jacob S Ryan, Listing Office: RE/MAX Point Realty
Is Hedgeville, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Hedgeville was a Neutral Market.
Key Takeaway
Hedgeville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hedgeville, DE
How much do homes in Hedgeville, DE cost?
Median Sold Price
$132,800
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$7,800(+6.2%)
Key Takeaway
Homes in Hedgeville have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Hedgeville was $132,800 in August 2024, up 6.2% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $74K | - | N/A |
| 2 Bedrooms | $120K | $100K | -16.7% |
| 3 Bedrooms | $133.4K | $160K | +19.9% |
| 4 Bedrooms | $233K | $200.2K | -14.1% |
| 5+ Bedrooms | $200K | $342K | +71.0% |
Summary: Hedgeville housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 19.9%, 4 bedroom homes decreased by 14.1%, and 5+ bedroom homes increased by 71%.
Median Sold Price Compared To Nearby Neighborhoods
| Browntown | $157K | $175.5K | +11.8% |
| Westside | $123K | $135.9K | +10.5% |
| Hedgeville | $125K | $132.8K | +6.2% |
Housing Supply in Hedgeville, DE
How many homes are available in Hedgeville, DE?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 17 | 22 | +29.4% |
Summary: The Hedgeville real estate market had 22 homes for sale in August 2024, a 29.4% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 9 | 13 | +44.4% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Hedgeville housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 44.4%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hedgeville, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Hedgeville in August 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Hedgeville, DE
How long does it take to sell a home in Hedgeville, DE?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 5 Days | 31 Days | +481.3% |
Summary: Homes in Hedgeville had an average of 31 days on market in Aug 2024, up by 481.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hedgeville are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 3 homes were sold in Hedgeville; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
