Coming soon
$7,897 Closing Credit¹
#DESU2077322, Jaime Cortes, Listing Office: Coldwell Banker Realty
19940 Housing Market Report January 2025•Sussex County, Delaware
Housing Prices in 19940, DE
How much do homes in 19940, DE cost?
Housing Market Conditions
Is 19940, DE a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
19940 is a Seller's Market
Difference Since January 2024
Since last year, 19940 has remained a Seller's Market.
Insight
19940 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$319,900$192/SqFt
-$15,000
-4.5%
Based on all homes sold in the last 12 months
Insight
Homes in 19940 have sold for 4.5% less than they did a year ago.
Summary: The median home sold price in 19940 was $319,900 in January 2025, down 4.5% from last year, and the median price per square foot was $192.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | $171K | N/A |
| 33 Bedrooms | $310K | $308K | -0.6% |
| 44 Bedrooms | $345K | $379K | +9.9% |
| 55+ Bedrooms | $330.4K | $367.4K | +11.2% |
Summary: 19940 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -0.6%. The home price for 4 bedroom homes increased by +9.9%. The home price for 5 bedroom homes increased by +11.2%.
Housing supply in 19940, DE
How many homes are available in 19940, DE?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 18Last MonthJan 2025 | ||
| 192 months agoDec 2024 | -5.3 % Change MoMDec – Jan |
Summary: The 19940 real estate market had 18 homes for sale in Jan 2025, a 5.3 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthJan 2025 | ||
| 52 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 2 | 1 | -50.0% |
| 33 Bedrooms | 8 | 10 | +25.0% |
| 44 Bedrooms | 6 | 6 | 0.0% |
| 55+ Bedrooms | 3 | 1 | -66.7% |
Summary: 19940 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -66.7%.
Asking Price vs. Sold Price
How much do homes in 19940, DE cost?
Over Asking Price2 Homes
At Asking Price2 Homes
Under Asking Price1 Home
Insight
If you're buying a home in 19940, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in 19940 in January 2025, the same as the previous month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and and 40% were sold over asking.
Days on Market for 19940, DE
How long does it take to sell a home in 19940, DE?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days2 Homes
Over 90 Days1 Home
Insight
Many homes in 19940 are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 5 homes were sold in 19940; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 55 DaysThis YearJan 2025 | ||
| 10 Days1 year agoJan 2024 | +423.8 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 19940 had an average listing age of 55 days in Jan 2025, up by 423.8% compared to the previous year.
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Newest Listings in 19940, DE
What homes are available in 19940, DE?
New - 2 days on Rocket
$4,453 Closing Credit¹
#DESU2078082, Jemimah E. Chuks, Listing Office: EXP Realty, LLC
New - 2 days on Rocket
$4,441 Closing Credit¹
#DESU2078076, James Daniel Lingo, Listing Office: Patterson-Schwartz-Rehoboth
Coming soon
$1,544 Closing Credit¹
#DESU2076462, Bonnie Flinn, Listing Office: ERA Martin Associates
Backup offers
$3,919 Closing Credit¹
#DESU2076622, Vincent Range, Listing Office: Coldwell Banker Hearthside Realtors-Collegeville
#DESU2076316, Tyler Anaya, Listing Office: SVN/Miller Commercial Real Estate
$7,422 Closing Credit¹
#DESU2075292, GLENN FORNOFF, Listing Office: Iron Valley Real Estate at The Beach
Backup offers
$1,936 Closing Credit¹
#DESU2075112, TRINA JOYNER, Listing Office: Coldwell Banker Premier - Seaford
#DESU2071410, Joanna Laslo, Listing Office: Beach Real Estate Inc
$5,694 Closing Credit¹
#DESU2070102, Dylan Lee Barlow, Listing Office: Worthington Realty Group, LLC
Backup offers
#DESU2064088, Reyna Gil Ventura, Listing Office: Linda Vista Real Estate
#DESU2068766, Pamela Price, Listing Office: RE/MAX Advantage Realty
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 02/01/2023 - 02/01/2025
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.