Is Delaware 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 Township has remained a Seller's Market.
Housing Prices in Delaware Township, OH
How much do homes in Delaware Township, OH cost?
Median Sold Price
$400,371
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Delaware Township was $400,371 in May 2024, up 0.1% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $408.1K | $112.7K | -72.4% |
2 Bedrooms | $281K | $287K | +2.1% |
3 Bedrooms | $335K | $339.9K | +1.5% |
4 Bedrooms | $469.4K | $467.9K | -0.3% |
5+ Bedrooms | $710K | $698.6K | -1.6% |
Summary: Delaware Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 72.4%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 1.6%.
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 Township, OH
How many homes are available in Delaware Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
230 | 257 | +11.7% |
Summary: The Delaware Township real estate market had 257 homes for sale in May 2024, a 11.7% 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 | 22 | 22 | 0.0% |
3 Bedrooms | 95 | 107 | +12.6% |
4 Bedrooms | 77 | 84 | +9.1% |
5+ Bedrooms | 36 | 44 | +22.2% |
Summary: The Delaware 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 12.6%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
72 | 82 | +13.9% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Summary: A total of 82 homes were sold or pending in Delaware Township in May 2024, up by 13.9% month-over-month. Of the 82 sold homes, 38% were sold under asking, 21% were sold at asking, and 41% were sold over asking.
Days on Market for Delaware Township, OH
How long does it take to sell a home in Delaware Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
25 Days | 34 Days | +36.2% |
Summary: Homes in Delaware Township had an average of 34 days on market in May 2024, up by 36.2% compared to last year.
Breakdown of Home Sale Times
57 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During May 2024, 82 homes were sold in Delaware Township; 70% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.