Is Magnolia, DE 19962 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Magnolia is a seller’s market. With about 2.5 months of supply and 15% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.5Under 4 months = seller’s market

Sold above original list15.4%Share of sales, last 3 months

Median sale-to-list99.6%Sold price ÷ list price

Median days on market62Listing to accepted offer

Median price per sq ft$187▼ −3.8% vs. last year

Run the numbers for 19962

Prefilled for 19962Can I win this house?Multiple-offer likelihood for a listing Prefilled for 19962Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Camden Wyoming 19934Seller’s market $180 /sq ft Clayton 19938Seller’s market $196 /sq ft Dover 19901Seller’s market $183 /sq ft Dover 19904Seller’s market $182 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology