Is Port Penn, DE 19731 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Port Penn is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Port Penn housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

New Castle County, DE

Population	655
Median income	$71,282
Average income	$77,331
Median home value	$369,300
Owner-occupied	92% of homes
Median year built	1938

Natural hazard riskWinter storms (very high), flooding (relatively high), extreme heat (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 19731; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 19731

Prefilled for 19731Can I win this house?Multiple-offer likelihood for a listing Prefilled for 19731Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bear 19701Seller’s market $206 /sq ft Claymont 19703Seller’s market $223 /sq ft Delaware City 19706Balanced $218 /sq ft Hockessin 19707Seller’s market $211 /sq ft Browse all markets →

Where Port Penn is

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Questions about Port Penn real estate

What are property taxes in Port Penn?

About 0.71% of a home’s value a year in New Castle County, or roughly $2,840 on a $400,000 home.

Local agents

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More tools for 19731

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value New Castle County property taxes New Castle County loan limits Closing costs in Delaware Hottest ZIP codes in Delaware

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