$119K  
The costs of the 19971 zip code is considered very expensive compared to others in Delaware with a cost of living adjustment score of 145.3. Also, it ranks 20th in terms of wealth with a median income of $60,906 per household. Homes in the 19971 zip code are of moderate age with a median age of 25 years. Topping the list of best schools in the zip code is Rehoboth Elementary School.
Comments:

$349K  
With a determined upward trend of new sellers listing homes, including 19 over the last 30 days, and sales that have fallen to six in that same time frame, the 19971 zip code market will be more selective. The median sales price rose to $296,250 over the latest reporting period for the 19971 zip code, up from $240,000. The 19971 zip code is a strong buyer's market, thanks to a big 15 months of inventory to choose from and a pullback in sales.
Comments:

$639K  
With seven homes sold in the 19971 zip code market over the last 30 days, we see no change from last week's numbers. However, 18 new listings came into the market. Pricing in the 19971 zip code remains consistent from last week to this week, with the median sales price at $240,000 again. With no movement in sales and the availability of 12 months of inventory, the 19971 zip code is a solid buyer's market.
Comments:

$449K  
The 19971 zip code market closed in on its 12-month sales average this week as sales rose 16.7% to reach seven homes sold over the last 30 days. In comparison, the nearby 21842 zip code had 80 sales in the same time frame, the most of all neighboring zip codes. Prices are rising in the 19971 zip code, and the median sales price this period increased from $220,000 to $240,000. Despite the uptick in sales, there are still 12 months of inventory left to work through, meaning the 19971 zip code is still a definite buyer's market.
Comments:

$1.7M  
Sales have fallen to six homes sold over the last 30 days in the 19971 zip code market. Sellers can also expect more competition, due to a six-week upward trend in homes coming into the market, now up to 11 for the same period. Pricing in the 19971 zip code remains consistent from last week to this week, with the median sales price at $220,000 again. With decreasing sales and the availability of 14 months of inventory, the 19971 zip code is a definite buyer's market.
Comments:

$899K  
While home sales in the 19971 zip code market have been above average, in this week's report they fell 11.1% to eight homes sold over the last 30 days. Meanwhile, the 21842 zip code reported 72 home sales, the highest number from all the surrounding zip codes. Prices are rising in the 19971 zip code, and the median sales price this period increased from $145,000 to $220,000. Along with the slip in sales, a relatively high 10 months of inventory indicates that the 19971 zip code is a definite buyer's market.
Comments:

$119K  
19971 is a larger than average zip code in Delaware with a population of 12,797 residents, and it has an average density compared to the rest of the state, with 689.5 people per square mile. Keep in mind, 32.5% of the homes in the 19971 zip code are owned, while 7.9% are rented. The best school in the zip code is Rehoboth Elementary School.
Comments:

$319K  
New listings have increased in the 19971 zip code market, reaching a high that hasn't been seen since November. The market is showing decline, with the sale of nine homes over the last 30 days extending a three-week upturn. During the same time frame, 21842 had the most new listings of any other neighboring zip codes with 195. A months of inventory number of eight reported this week continued a four-week downward trend, even with the strong number of new listings in the area. The 19971 zip code is a strong buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
Comments:

$389K  
Over the last 30 days, a recent upward trend of new sellers coming into the 19971 zip code market continued, with five listings in this week's report. Meanwhile, sales have risen as well, with nine homes selling during the same period. Prices are falling in the 19971 zip code, and this period the median price of all sales fell from $201,495 to $145,000. The 19971 zip code is still a strong buyer's market, due to the availability of eight months of remaining inventory, even after the uptick in sales.
Comments:

$569K  
Over the last 30 days, the 19971 zip code market showed gains with seven homes sold. It marks a 16.7% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. Within the same time frame, the 21842 zip code had 75 sales, the most of all zip codes in the area. The amount of available homes decreased, falling to 10 months worth of inventory, its lowest point since November. The 19971 zip code is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of such a large amount of remaining inventory.
Comments:
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