DAN SANDER, Listing Office: RE/MAX Realty Group Rehoboth
19947 Housing Market Report December 2024•Sussex County, Delaware
Housing Prices in 19947, DE
How much do homes in 19947, DE cost?
Housing Market Conditions
Is 19947, DE a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
19947 is a Seller's Market
Difference Since December 2023
At the same time last year, 19947 was a Buyer's Market.
19947 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 19947 have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in 19947 was $383,000 in December 2024, up 1.5% from last year, and the median price per square foot was $214.
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $75K | $185K | +146.7% |
22 Bedrooms | $232K | $310K | +33.6% |
33 Bedrooms | $375K | $381K | +1.6% |
44 Bedrooms | $465K | $449.9K | -3.2% |
55+ Bedrooms | $557.5K | $619K | +11.0% |
Summary: 19947 housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +146.7%. The home price for 2 bedroom homes increased by +33.6%. The home price for 3 bedroom homes increased by +1.6%. The home price for 4 bedroom homes decreased by -3.2%. The home price for 5 bedroom homes increased by +11.0%.
Housing supply in 19947, DE
How many homes are available in 19947, DE?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
80Last MonthDec 2024 | ||
892 months agoNov 2024 | -10.1 % Change MoMNov – Dec |
Summary: The 19947 real estate market had 80 homes for sale in Dec 2024, a 10.1 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
19Last MonthDec 2024 | ||
182 months agoNov 2024 | +5.6 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 1 | 0.0% |
22 Bedrooms | 5 | 7 | +40.0% |
33 Bedrooms | 52 | 44 | -15.4% |
44 Bedrooms | 27 | 22 | -18.5% |
55+ Bedrooms | 4 | 6 | +50.0% |
Summary: 19947 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +40.0%. The inventory for 3 bedroom homes decreased by -15.4%. The inventory for 4 bedroom homes decreased by -18.5%. The inventory for 5 bedroom homes increased by +50.0%.
Asking Price vs. Sold Price
How much do homes in 19947, DE cost?
Over Asking Price3 Homes
At Asking Price7 Homes
Under Asking Price9 Homes
If you're buying a home in 19947, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 19947 in December 2024, up by 5.6% month-over-month. Of the 19 sold homes, 47% were sold under asking, 37% were sold at asking, and and 16% were sold over asking.
Days on Market for 19947, DE
How long does it take to sell a home in 19947, DE?
Breakdown of Home Sale Times
Under 30 Days8 Homes
30 – 90 Days9 Homes
Over 90 Days2 Homes
Avg time on Rocket Homes in 19947 has remained consistent over time.
Summary: During December 2024, 19 homes were sold in 19947; 42% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
44 DaysThis YearDec 2024 | ||
114 Days1 year agoDec 2023 | -61.1 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in 19947 had an average listing age of 44 days in Dec 2024, down by 61.1% compared to the previous year.
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Newest Listings in 19947, DE
What homes are available in 19947, DE?
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 01/01/2023 - 01/01/2025
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: 1/24/2025, 5:15:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.