Is Delaware County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Delaware County has remained a Seller's Market.
Housing Prices in Delaware County, IN
How much do homes in Delaware County, IN cost?
Median Sold Price
$144,966
$92/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Delaware County was $144,966 in March 2024, up 1.3% from last year, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40K | $64.5K | +61.3% |
2 Bedrooms | $76.4K | $74.5K | -2.6% |
3 Bedrooms | $140.7K | $155K | +10.1% |
4 Bedrooms | $239.9K | $214.9K | -10.4% |
5+ Bedrooms | $304K | $305K | 0.3% |
Summary: Delaware County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 61.3%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 10.1%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes increased by 0.3%.
Median Sold Price Compared To Nearby Counties
Henry County | $134.9K | $151.5K | +12.2% |
Delaware County | $143.1K | $144.9K | +1.3% |
Blackford County | $108K | $103.7K | -3.9% |
Randolph County | $141.5K | $123.5K | -12.7% |
Housing Supply in Delaware County, IN
How many homes are available in Delaware County, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
195 | 265 | +35.9% |
Summary: The Delaware County real estate market had 265 homes for sale in March 2024, a 35.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 54 | 74 | +37.0% |
3 Bedrooms | 96 | 137 | +42.7% |
4 Bedrooms | 31 | 41 | +32.3% |
5+ Bedrooms | 14 | 12 | -14.3% |
Summary: The Delaware County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 37%, 3 bedroom homes increased by 42.7%, 4 bedroom homes increased by 32.3%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 68 | +223.8% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 68 homes were sold or pending in Delaware County in March 2024, up by 223.8% month-over-month. Of the 65 sold homes, 63% were sold under asking, 23% were sold at asking, and 14% were sold over asking.
Days on Market for Delaware County, IN
How long does it take to sell a home in Delaware County, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
43 Days | 68 Days | +57.9% |
Summary: Homes in Delaware County had an average of 68 days on market in Mar 2024, up by 57.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During March 2024, 68 homes were sold in Delaware County; 21% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.