Is Delaware City Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Delaware City Township has remained a Seller's Market.
Key Takeaway
Delaware City Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Delaware City Township, OH
How much do homes in Delaware City Township, OH cost?
Median Sold Price
$335,790
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Delaware City Township have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in Delaware City Township was $335,790 in May 2024, up 1.8% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $112.7K | N/A |
| 2 Bedrooms | $210K | $232K | +10.5% |
| 3 Bedrooms | $309.5K | $315K | +1.8% |
| 4 Bedrooms | $384.9K | $400K | +3.9% |
| 5+ Bedrooms | $430.9K | $474.9K | +10.2% |
Summary: Delaware City Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 10.2%.
Median Sold Price Compared To Nearby Cities
| Delaware | $370K | $401.2K | +8.5% |
| Troy Township | $257.4K | $274K | +6.4% |
| Delaware City Township | $330K | $335.7K | +1.8% |
| Delaware Township | $399.9K | $400.3K | 0.1% |
Housing Supply in Delaware City Township, OH
How many homes are available in Delaware City Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 134 | 144 | +7.5% |
Summary: The Delaware City Township real estate market had 144 homes for sale in May 2024, a 7.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 14 | 0.0% |
| 3 Bedrooms | 62 | 73 | +17.7% |
| 4 Bedrooms | 48 | 47 | -2.1% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Delaware City Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 17.7%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 48 | 48 | 0.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Delaware City Township, you could pay more than the asking price. 52.1% of homes here sold above asking price last month.
Summary: A total of 48 homes were sold or pending in Delaware City Township in May 2024, the same as the previous month. Of the 48 sold homes, 31% were sold under asking, 17% were sold at asking, and 52% were sold over asking.
Days on Market for Delaware City Township, OH
How long does it take to sell a home in Delaware City Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 18 Days | 20 Days | +9.7% |
Summary: Homes in Delaware City Township had an average of 20 days on market in May 2024, up by 9.7% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Delaware City Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 48 homes were sold in Delaware City Township; 79% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.