Is Delaware, OH 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, Delaware has remained a Seller's Market.
Housing Prices in Delaware, OH
How much do homes in Delaware, OH cost?
Median Sold Price
$403,073
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Delaware was $403,073 in April 2024, up 12% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $108K | $112.7K | +4.4% |
2 Bedrooms | $218.7K | $289K | +32.1% |
3 Bedrooms | $315.5K | $339.9K | +7.7% |
4 Bedrooms | $428.5K | $470K | +9.7% |
5+ Bedrooms | $588.6K | $710K | +20.6% |
Summary: Delaware housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes increased by 32.1%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 20.6%.
Median Sold Price Compared To Nearby Cities
Delaware | $360K | $403K | +12.0% |
Berlin Township | $562.9K | $608K | +8.0% |
Delaware City Township | $326.2K | $334.7K | +2.6% |
Delaware Township | $399.9K | $400.6K | 0.2% |
Housing Supply in Delaware, OH
How many homes are available in Delaware, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
287 | 304 | +5.9% |
Summary: The Delaware real estate market had 304 homes for sale in April 2024, a 5.9% 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 | 29 | 27 | -6.9% |
3 Bedrooms | 118 | 121 | +2.5% |
4 Bedrooms | 93 | 104 | +11.8% |
5+ Bedrooms | 47 | 52 | +10.6% |
Summary: The Delaware 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 decreased by 6.9%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 10.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
68 | 68 | 0.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
40 Homes Were Sold
Over Asking
Summary: A total of 68 homes were sold or pending in Delaware in April 2024, the same as the previous month. Of the 68 sold homes, 19% were sold under asking, 22% were sold at asking, and 59% were sold over asking.
Days on Market for Delaware, OH
How long does it take to sell a home in Delaware, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 19 Days | -55.6% |
Summary: Homes in Delaware had an average of 19 days on market in Apr 2024, down by 55.6% compared to last year.
Breakdown of Home Sale Times
59 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 68 homes were sold in Delaware; 87% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.