New - 1 hour on Rocket
$4,976 Closing Credit¹
Corey J Harris, Listing Office: Crown Homes Real Estate
Smyrna Housing Market Report December 2024•Kent County, Delaware
Housing Prices in Smyrna, DE
How much do homes in Smyrna, DE cost?
Housing Market Conditions
Is Smyrna, DE a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Smyrna is a Seller's Market
Difference Since December 2023
Since last year, Smyrna has remained a Seller's Market.
Insight
Smyrna is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$369,950$194/SqFt
+$4,950
+1.4%
Based on all homes sold in the last 12 months
Insight
Homes in Smyrna have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in Smyrna was $369,950 in December 2024, up 1.4% from last year, and the median price per square foot was $194.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Clayton | $385K | $409K | +6.2% |
| Middletown-Odessa | $475K | $494.9K | +4.2% |
| Smyrna | $365K | $369.9K | +1.4% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $140K | $180K | +28.6% |
| 22 Bedrooms | $368.9K | $350K | -5.1% |
| 44 Bedrooms | $478.8K | $459.9K | -4.0% |
| 55+ Bedrooms | $535K | $540K | +0.9% |
| 33 Bedrooms | $315.5K | $340K | +7.8% |
Summary: Smyrna housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +28.6%. The home price for 2 bedroom homes decreased by -5.1%. The home price for 4 bedroom homes decreased by -4.0%. The home price for 5 bedroom homes increased by +0.9%. The home price for 3 bedroom homes increased by +7.8%.
Housing supply in Smyrna, DE
How many homes are available in Smyrna, DE?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 128Last MonthDec 2024 | ||
| 1232 months agoNov 2024 | +4.1 % Change MoMNov – Dec |
Summary: The Smyrna real estate market had 128 homes for sale in Dec 2024, a 4.1 % increase compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 27Last MonthDec 2024 | ||
| 202 months agoNov 2024 | +35.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 15 | 17 | +13.3% |
| 44 Bedrooms | 45 | 43 | -4.4% |
| 55+ Bedrooms | 8 | 10 | +25.0% |
| 33 Bedrooms | 55 | 58 | +5.5% |
Summary: Smyrna 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 +13.3%. The inventory for 4 bedroom homes decreased by -4.4%. The inventory for 5 bedroom homes increased by +25.0%. The inventory for 3 bedroom homes increased by +5.5%.
Asking Price vs. Sold Price
How much do homes in Smyrna, DE cost?
Over Asking Price4 Homes
At Asking Price11 Homes
Under Asking Price12 Homes
Insight
If you're buying a home in Smyrna, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in Smyrna in December 2024, up by 35.0% month-over-month. Of the 27 sold homes, 44% were sold under asking, 41% were sold at asking, and and 15% were sold over asking.
Days on Market for Smyrna, DE
How long does it take to sell a home in Smyrna, DE?
Breakdown of Home Sale Times
Under 30 Days12 Homes
30 – 90 Days12 Homes
Over 90 Days3 Homes
Insight
Many homes in Smyrna are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 27 homes were sold in Smyrna; 44% of homes were sold within 30 days, 44% 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 |
|---|---|---|
| 61 DaysThis YearDec 2024 | ||
| 27 Days1 year agoDec 2023 | +120.8 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Smyrna had an average listing age of 61 days in Dec 2024, up by 120.8% compared to the previous year.
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Newest Listings in Smyrna, DE
What homes are available in Smyrna, DE?
New - 1 day on Rocket
Marilyn D Mills, Listing Office: BHHS Fox & Roach-Christiana
New - 6 days on Rocket
$4,453 Closing Credit¹
Joshua Hutchinson, Listing Office: Long & Foster Real Estate, Inc.
$8,728 Closing Credit¹
Jenna A LaFermine, Listing Office: Burns & Ellis Realtors
$7,125 Closing Credit¹
Christina Marie Reed, Listing Office: Coldwell Banker Chesapeake Real Estate Company
$6,126 Closing Credit¹
Stephanie S Lehane, Listing Office: RE/MAX Eagle Realty
3D tour
$7,203 Closing Credit¹
Mark Handler, Listing Office: Mark L Handler Real Estate
$4,927 Closing Credit¹
Stephanie S Lehane, Listing Office: RE/MAX Eagle Realty
$4,097 Closing Credit¹
Ashley S Hogate, Listing Office: EXP Realty, LLC
$5,522 Closing Credit¹
Jemimah E. Chuks, Listing Office: EXP Realty, LLC
Backup offers
$4,358 Closing Credit¹
Dustin Oldfather, Listing Office: Compass
$2,018 Closing Credit¹
Daniel J. Demers, Listing Office: Sell Your Home Services
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 01/01/2023 - 01/01/2025
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: 1/29/2025, 3:24:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.