Is Delaware County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Delaware County has remained a Buyer's Market.
Key Takeaway
Delaware County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Delaware County, NY
How much do homes in Delaware County, NY cost?
Median Sold Price
$138,000
$112/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Delaware County have sold for 2.2% more than they did a month ago.
Summary: The median home sold price in Delaware County was $138,000 in March 2024, up 2.2% from last month, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $345K | $97K | -71.9% |
| 3 Bedrooms | $105K | $177.5K | +69.0% |
| 4 Bedrooms | $135K | $86.2K | -36.1% |
| 5+ Bedrooms | $210K | $149K | -29.0% |
Summary: Delaware County housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 71.9%, 3 bedroom homes increased by 69%, 4 bedroom homes decreased by 36.1%, and 5+ bedroom homes decreased by 29%.
Median Sold Price Compared To Nearby Counties
| Delaware County | $135K | $138K | +2.2% |
| Otsego County | $220.5K | $164.5K | -25.4% |
Housing Supply in Delaware County, NY
How many homes are available in Delaware County, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 210 | 214 | +1.9% |
Summary: The Delaware County real estate market had 214 homes for sale in March 2024, a 1.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 34 | 40 | +17.6% |
| 3 Bedrooms | 77 | 77 | 0.0% |
| 4 Bedrooms | 47 | 48 | +2.1% |
| 5+ Bedrooms | 46 | 43 | -6.5% |
Summary: The Delaware County 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 17.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 6.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 | 20 | -9.1% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Delaware County, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Delaware County in March 2024, down by 9.1% month-over-month. Of the 20 sold homes, 75% were sold under asking, 10% were sold at asking, and 15% were sold over asking.
Days on Market for Delaware County, NY
How long does it take to sell a home in Delaware County, NY?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 136 Days | 79 Days | -41.3% |
Summary: Homes in Delaware County had an average of 79 days on market in Mar 2024, down by 41.3% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Delaware County has remained consistent over time.
Summary: During March 2024, 20 homes were sold in Delaware County; 20% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.