$599K  
The 19975 zip code market extended a six-week hot streak this week, even as sales remained flat at one home sold over the last 30 days. The median sales price in the 19975 zip code stayed put this week at $48,000. Along with flat sales, a relatively high 26 months of inventory indicates that the 19975 zip code is a definite buyer's market.
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$529K  
The number of price cuts in the 19975 zip code market climbed to four over the last 30 days, furthering a budding positive trend. Despite drops in list prices, sales also decreased to one home sold. Potential buyers should note that prices are coming down in the 19975 zip code, and for this period the median sales price slid from $129,000 to $48,000. With decreasing sales and the availability of 26 months of inventory, the 19975 zip code is a strong buyer's market.
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$529K  
The number of homes coming into the 19975 zip code market stayed firm with one listing over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. The median sales price remained unchanged over the latest reporting period for the 19975 zip code, coming in at $129,000. Along with flat sales, a relatively high 10 months of inventory indicates that the 19975 zip code is a strong buyer's market.
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$529K  
The 19975 zip code has one of the fastest growing populations in Delaware with a 23.1% increase over the last 10 years. Despite being ranked first for growth, it's currently only ranked 36th in terms of total population with 7,822 residents. Homes in the 19975 zip code are of moderate age with a median age of 24 years. Leading the list of best schools in the zip code are Southern Delaware School of the Arts and Selbyville Middle School.
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$539K  
The 19975 zip code market showed continued improvement over the last 30 days, extending a three-week growth trend. Sales climbed 100.0% to two homes, the most in three months. During the same time frame, 21842 had the most sales of any other neighboring zip codes with 74. The median sales price tumbled to $129,000 over the latest reporting period for the 19975 zip code, down from $210,000. The 19975 zip code is a still strong buyer's market with 10 months of remaining inventory, even with the rising sales numbers.
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$549K  
With a budding downward trend of new sellers listing homes, including one over the last 30 days, and sales that remained flat at one in that same time frame, the 19975 zip code market will be slowing. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price of all transactions in the 19975 zip code did not budge this week, remaining at $210,000. The 19975 zip code is a strong buyer's market, thanks to a big 24 months of inventory to choose from and the flat sales.
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$189K  
The 19975 zip code market closed in on its 12-month sales average this week with one home sold over the last 30 days. At the same time, the 21842 zip code reported 66 home sales, the highest number from all the surrounding zip codes. Despite the uptick in sales, there are still 25 months of inventory left to work through, meaning the 19975 zip code is still a solid buyer's market.
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$445K  
Yet again, no deals were completed in the 19975 zip code market over the last 30 days. The 19975 zip code is used to having 1.1 sales per month.
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$549K  
Typically, 19975 zip code accounts for 1.2 sales per month. This time sellers weren't able to find buyers for their properties, resulting in yet another 30 day period of no sales.
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$549K  
The 19975 zip code is a zip code in Delaware with a median income of $47,772 per household. On top of being less affluent than average, it also ranks as the eighth-youngest with a median age of 50 years. Detached homes account for 77% of the area's current housing market. Leading the list of best schools in the zip code are Southern Delaware School of the Arts and Selbyville Middle School.
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