Is Seaford, DE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seaford is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Seaford has remained a Seller's Market.

Key Takeaway

Seaford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Seaford, DE

How much do homes in Seaford, DE cost?

Median Sold Price

$305,000

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,000(+8.9%)

Key Takeaway

Homes in Seaford have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Seaford was $305,000 in November 2024, up 8.9% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$215.2K
N/A
2 $205K$205K
0.0%
3 $285K$299.9K
+5.2%
4 $332.4K$365.5K
+9.9%
5+ $275K$702K
+155.3%

Summary: Seaford 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 did not change, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 155.3%.

Housing Supply in Seaford, DE

How many homes are available in Seaford, DE?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
11299-11.6%

Summary: The Seaford real estate market had 99 homes for sale in November 2024, a 11.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 911
+22.2%
3 6556
-13.8%
4 3529
-17.1%
5+ 22
0.0%

Summary: The Seaford 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 22.2%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2820-28.6%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Seaford, you may be able to get a good deal. 45% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Seaford in November 2024, down by 28.6% month-over-month. Of the 20 sold homes, 45% were sold under asking, 20% were sold at asking, and 35% were sold over asking.

Days on Market for Seaford, DE

How long does it take to sell a home in Seaford, DE?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days77 Days+190.3%

Summary: Homes in Seaford had an average of 77 days on market in Nov 2024, up by 190.3% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Seaford are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 20 homes were sold in Seaford; 40% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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