Is Lower Christiana, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lower Christiana has remained a Seller's Market.
Housing Prices in Lower Christiana, DE
How much do homes in Lower Christiana, DE cost?
Median Sold Price
$299,466
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lower Christiana was $299,466 in April 2024, up 12.9% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $239.5K | $246K | +2.7% |
3 Bedrooms | $255K | $295K | +15.7% |
4 Bedrooms | $305K | $330K | +8.2% |
5+ Bedrooms | $337.5K | $341.4K | +1.2% |
Summary: Lower Christiana housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 1.2%.
Median Sold Price Compared To Nearby Cities
Wilmington | $247.4K | $314.5K | +27.1% |
Elsmere | $207.2K | $247.4K | +19.4% |
Lower Christiana | $265.1K | $299.4K | +12.9% |
Pike Creek-Central Kirkwood | $339.5K | $355K | +4.6% |
Housing Supply in Lower Christiana, DE
How many homes are available in Lower Christiana, DE?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
85 | 92 | +8.2% |
Summary: The Lower Christiana real estate market had 92 homes for sale in April 2024, a 8.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 18 | +50.0% |
3 Bedrooms | 47 | 51 | +8.5% |
4 Bedrooms | 18 | 17 | -5.6% |
5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Lower Christiana housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 27 | +17.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Lower Christiana in April 2024, up by 17.4% month-over-month. Of the 27 sold homes, 26% were sold under asking, 19% were sold at asking, and 56% were sold over asking.
Days on Market for Lower Christiana, DE
How long does it take to sell a home in Lower Christiana, DE?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 14 Days | -4.1% |
Summary: Homes in Lower Christiana had an average of 14 days on market in Apr 2024, down by 4.1% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in Lower Christiana; 89% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.