New - 2 days on Rocket
$10,000 Closing Credit¹
#DESU2077888, Olga Mihailova, Listing Office: Coldwell Banker Realty
19975 Housing Market Report January 2025•Sussex County, Delaware
Housing Prices in 19975, DE
How much do homes in 19975, DE cost?
Housing Market Conditions
Is 19975, DE a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
19975 is a Neutral Market
Difference Since January 2024
At the same time last year, 19975 was a Buyer's Market.
Insight
19975 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$566,066$261/SqFt
+$46,066
+8.9%
Based on all homes sold in the last 12 months
Insight
Homes in 19975 have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in 19975 was $566,066 in January 2025, up 8.9% from last year, and the median price per square foot was $261.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 19944 | $870K | $1.4M | +64.7% |
| 19975 | $520K | $566K | +8.9% |
| 19945 | $530K | $525K | -0.9% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $290K | N/A |
| 22 Bedrooms | $326.2K | $340K | +4.2% |
| 33 Bedrooms | $495K | $530K | +7.1% |
| 44 Bedrooms | $575K | $624.7K | +8.7% |
| 55+ Bedrooms | $1.2M | $971.9K | -20.3% |
Summary: 19975 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 increased by +4.2%. The home price for 3 bedroom homes increased by +7.1%. The home price for 4 bedroom homes increased by +8.7%. The home price for 5 bedroom homes decreased by -20.3%.
Housing supply in 19975, DE
How many homes are available in 19975, DE?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 161Last MonthJan 2025 | ||
| 1652 months agoDec 2024 | -2.4 % Change MoMDec – Jan |
Summary: The 19975 real estate market had 161 homes for sale in Jan 2025, a 2.4 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 23Last MonthJan 2025 | ||
| 282 months agoDec 2024 | -17.9 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 9 | 10 | +11.1% |
| 33 Bedrooms | 73 | 78 | +6.8% |
| 44 Bedrooms | 67 | 62 | -7.5% |
| 55+ Bedrooms | 15 | 10 | -33.3% |
Summary: 19975 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 increased by +11.1%. The inventory for 3 bedroom homes increased by +6.8%. The inventory for 4 bedroom homes decreased by -7.5%. The inventory for 5 bedroom homes decreased by -33.3%.
Asking Price vs. Sold Price
How much do homes in 19975, DE cost?
Over Asking Price1 Home
At Asking Price7 Homes
Under Asking Price15 Homes
Insight
If you're buying a home in 19975, you may be able to get a good deal. 65.2% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in 19975 in January 2025, down by 17.9% month-over-month. Of the 23 sold homes, 65% were sold under asking, 30% were sold at asking, and and 4% were sold over asking.
Days on Market for 19975, DE
How long does it take to sell a home in 19975, DE?
Breakdown of Home Sale Times
Under 30 Days11 Homes
30 – 90 Days8 Homes
Over 90 Days4 Homes
Insight
Many homes in 19975 are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 23 homes were sold in 19975; 48% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 54 DaysThis YearJan 2025 | ||
| 51 Days1 year agoJan 2024 | +6.2 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 19975 had an average listing age of 54 days in Jan 2025, up by 6.2% compared to the previous year.
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Newest Listings in 19975, DE
What homes are available in 19975, DE?
New - 2 days on Rocket
$4,869 Closing Credit¹
#DESU2078122, Jaime Hurlock, Listing Office: Long & Foster Real Estate, Inc.
New - 3 days on Rocket
$8,016 Closing Credit¹
#DESU2078066, Carol M Quattrociocchi, Listing Office: EXP Realty, LLC
New - 3 days on Rocket
$4,333 Closing Credit¹
#DESU2077956, Anne Marie Mercier-Bouse, Listing Office: RE/MAX Advantage Realty
Coming soon
$10,000 Closing Credit¹
#DESU2077836, Jennifer Brink, Listing Office: Keller Williams Realty
New - 5 days on Rocket
$4,572 Closing Credit¹
#DESU2077890, Kazimieras Viktoras Tauginas, Listing Office: Century 21 Gold Key Realty
New - 5 days on Rocket
$3,206 Closing Credit¹
#DESU2077870, KYLIE GIVENS, Listing Office: WILGUS ASSOCIATES B
Coming soon3D tour
$8,668 Closing Credit¹
#DESU2075886, Andrea Geppi-Dolan, Listing Office: Coldwell Banker Realty
New - 6 days on Rocket
$7,897 Closing Credit¹
#DESU2077832, Rebecca Coulbourn, Listing Office: Keller Williams Realty
New - 7 days on Rocket
#DESU2077774, JAMIE MASTEN, Listing Office: MASTEN REALTY LLC
#DESU2077706, Jeffrey Fowler, Listing Office: Keller Williams Realty
$7,707 Closing Credit¹
#DESU2077156, KIM S HOOK, Listing Office: ReMax Coastal
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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, 9:22:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.