Is Delaware, MO 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 has remained a Seller's Market.
Housing Prices in Delaware, MO
How much do homes in Delaware, MO cost?
Median Sold Price
$237,500
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Delaware was $237,500 in March 2024, up 10.5% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $164.5K | $183K | +11.2% |
3 Bedrooms | $250.5K | $265K | +5.8% |
4 Bedrooms | $262K | $380K | +45.0% |
5+ Bedrooms | $1.1M | $502.5K | -57.2% |
Summary: Delaware housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.2%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 45%, and 5+ bedroom homes decreased by 57.2%.
Median Sold Price Compared To Nearby Neighborhoods
Rountree | $225K | $270K | +20.0% |
Delaware | $215K | $237.5K | +10.5% |
Oak Grove | $180K | $194K | +7.8% |
Bingham | $177.8K | $175K | -1.6% |
Housing Supply in Delaware, MO
How many homes are available in Delaware, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 15 | 0.0% |
Summary: The Delaware real estate market had 15 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 5 | 3 | -40.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Delaware housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Delaware in March 2024, up by 100.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Delaware, MO
How long does it take to sell a home in Delaware, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
32 Days | 14 Days | -54.6% |
Summary: Homes in Delaware had an average of 14 days on market in Mar 2024, down by 54.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Delaware; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.