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Compass Real Estate · ZIP 19806
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19806 ZIP Code Housing Market
$415,000median sale price
What is the 19806 housing market like right now?
The median home sale price in ZIP code 19806 is $415,000, up 18.6% year-over-year. Homes sell in an average of 46 days with 34 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 19806 ZIP code a buyer's or seller's market?
ZIP code 19806 is currently a balanced market and homes selling in about 46 days. How we determine this →
What are the latest 19806 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $415,000 |
| Median list price | $432,500 |
| Year-over-year price change | +18.6% |
| Average days on market | 46 days |
| Active inventory | 34 listings |
| Sale-to-list price ratio | 99.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 19806 zip code, located in Greenville, DE, is currently classified as a balanced market. The median sale price stands at $415,000, representing a +18.6% change year over year. Homes in this area spend an average of 46 days on the market before going under contract. There are currently 34 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 19806 sits in the Greenville, DE area, roughly 2.3 miles from downtown Greenville. Because home prices are set street by street, this ZIP can move differently from Greenville's citywide averages. The figures below reflect 19806 specifically — drawn from Redfin transactions, U.S. Census data for its 9,777 residents, and Zillow value estimates.
Homes sold
33
Last 12 weeks
Days on market
46
Average pace
Active listings
34
Sale-to-list
99.0%
Below asking
What is driving the 19806 housing market?
The 19806 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 99.0% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 19806 have increased +18.6% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 19806 stands at $362,913, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,918 per month. This gives a price-to-rent ratio of approximately 15.8, which sits in a moderate range where the buy-versus-rent decision depends heavily on individual financial circumstances and time horizon. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 19806?
Population
9,777
Median income
$88,855/yr
Median age
50.3 years
Owner-occupied
50.9%
College grads
70.7%
Avg commute
13.79 min
What is it like living in 19806?
Zip code 19806 is home to approximately 9,777 residents. The median household income is $88,855 per year, which shapes the types of homes and amenities available in the area. With a median age of 50.3 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 50.9% of housing units are owner-occupied, showing a healthy mix of homeowners and renters that contributes to a diverse community.
About 70.7% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 13.79 minutes, which is shorter than the national average and suggests good proximity to employment centers. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 19806.
Which public schools serve ZIP 19806?
2 schools tracked · 619 students
The largest public schools serving ZIP code 19806 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Lewis (William C.) Dual Language Elementary School
Grades K-5 · 316 students
Johnson (Joseph E. Jr) Elementary School
Grades K-5 · 303 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 19806
What is the median home price in 19806?
The current median sale price in 19806 is $415,000, based on recent Redfin transaction data. Prices have changed +18.6% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 19806 a buyer's or seller's market?
The 19806 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 19806?
Zip code 19806 has a population of approximately 9,777 residents. The median household income is $88,855 per year. About 50.9% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 19806?
Properties Incorporated provides comprehensive data for 19806 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 19806 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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