$2,523 Closing Credit*
$212,500
780 SqFt
1 Bed
•1 Full Bath
Victoria A Dickinson, Listing Office: Patterson-Schwartz - Greenville
Is Pike Creek-Central Kirkwood, 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, Pike Creek-Central Kirkwood has remained a Seller's Market.
Key Takeaway
Pike Creek-Central Kirkwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pike Creek-Central Kirkwood, DE
How much do homes in Pike Creek-Central Kirkwood, DE cost?
Median Sold Price
$358,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,000(+2.3%)
Key Takeaway
Homes in Pike Creek-Central Kirkwood have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Pike Creek-Central Kirkwood was $358,000 in November 2024, up 2.3% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | $185.5K | -11.7% |
| 2 Bedrooms | $245K | $250K | +2.0% |
| 3 Bedrooms | $350K | $350K | 0.0% |
| 4 Bedrooms | $415K | $465K | +12.0% |
| 5+ Bedrooms | $460K | $549.9K | +19.6% |
Summary: Pike Creek-Central Kirkwood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.7%, 2 bedroom homes increased by 2%, 3 bedroom homes did not change, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 19.6%.
Median Sold Price Compared To Nearby Cities
| Hockessin | $525K | $602.5K | +14.8% |
| Piedmont | $610K | $670K | +9.8% |
| Lower Christiana | $280K | $305K | +8.9% |
| Upper Christiana | $325K | $340K | +4.6% |
| Pike Creek-Central Kirkwood | $350K | $358K | +2.3% |
Housing Supply in Pike Creek-Central Kirkwood, DE
How many homes are available in Pike Creek-Central Kirkwood, DE?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 110 | 110 | 0.0% |
Summary: The Pike Creek-Central Kirkwood real estate market had 110 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 17 | 21 | +23.5% |
| 3 Bedrooms | 50 | 42 | -16.0% |
| 4 Bedrooms | 35 | 37 | +5.7% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Pike Creek-Central Kirkwood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 23.5%, 3 bedroom homes decreased by 16%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 35 | +9.4% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pike Creek-Central Kirkwood, you could pay more than the asking price. 48.6% of homes here sold above asking price last month.
Summary: A total of 35 homes were sold or pending in Pike Creek-Central Kirkwood in November 2024, up by 9.4% month-over-month. Of the 35 sold homes, 34% were sold under asking, 17% were sold at asking, and 49% were sold over asking.
Days on Market for Pike Creek-Central Kirkwood, DE
How long does it take to sell a home in Pike Creek-Central Kirkwood, DE?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 21 Days | +94.4% |
Summary: Homes in Pike Creek-Central Kirkwood had an average of 21 days on market in Nov 2024, up by 94.4% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pike Creek-Central Kirkwood are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 35 homes were sold in Pike Creek-Central Kirkwood; 77% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
