Is Delaware County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Delaware County is a seller's market

Buyer's
Market

Difference Since February 2022

Since last year, Delaware County has remained a Seller's Market.

Key Takeaway

Delaware County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Delaware County, IN cost?

Median Sold Price

$139,977

$94/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$12,816(+10.1%)

Key Takeaway

Homes in Delaware County have sold for 10.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $23K$63K
+173.9%
2 $59.8K$76K
+27.0%
3 $137K$140K
+2.2%
4 $200K$222.9K
+11.5%
5+ $407.5K$280K
-31.3%

Median Sold Price Compared To Nearby Counties

Delaware County
+10.1%
Henry County
-5.1%

How many homes are available in Delaware County, IN?

Number of Homes For Sale

Jan 2023Feb 2023%
327335+2.4%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 45
+25.0%
2 7176
+7.0%
3 169179
+5.9%
4 5454
0.0%
5+ 2921
-27.6%

Number of Homes Sold

Jan 2023Feb 2023%
8987-2.2%

Asking Price vs. Sold Price

52 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Delaware County, you may be able to get a good deal. 59.8% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
30 Days50 Days+69.2%

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Delaware County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Delaware County, IN

There are 335 homes are for sale in Delaware County, IN real estate market. Between January 2023 and February 2023, Delaware County, IN real estate market has seen increase in the number of listings by 2.4%. While the average time on the market in February 2023 was 50 days, the median list price was $139,977. Listing prices have changed in this real estate market between January 2023 and February 2023: the cost of 1 bedroom properties went up by 173.9%, prices of 2 bedrooms properties increased by 27%, prices of 3 bedrooms properties went up by 2.2%, prices of 4 bedrooms properties went up by 11.5%, 5 bedrooms properties prices decreased by 31.3%. This housing market inventory have changed: 1 bedroom homes became 25% more available, 2 bedrooms homes became 7% more available, 3 bedrooms homes became 5.9% more available, volume of 4 bedrooms homes stayed the same, volume of 5 bedrooms homes went down by 27.6%. Over 19 listings were sold over their listed price in February 2023 in Delaware County, IN. In the same period over 52 listings were sold below the listed price and 16 listings were sold for the listed price.

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