Is Delaware City Township, OH 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 City Township has remained a Seller's Market.
Key Takeaway
Delaware City Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Delaware City Township, OH
How much do homes in Delaware City Township, OH cost?
Median Sold Price
$332,900
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Delaware City Township have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Delaware City Township was $332,900 in March 2024, up 2.4% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $81.5K | $112.7K | +38.3% |
| 2 Bedrooms | $211K | $230K | +9.0% |
| 3 Bedrooms | $304.9K | $316.9K | +4.0% |
| 4 Bedrooms | $382K | $395K | +3.4% |
| 5+ Bedrooms | $448.4K | $477.5K | +6.5% |
Summary: Delaware City Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.3%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Cities
| Brown Township | $335K | $501.5K | +49.7% |
| Delaware | $351.1K | $405.8K | +15.6% |
| Delaware Township | $391K | $405.3K | +3.7% |
| Delaware City Township | $325K | $332.9K | +2.4% |
| Troy Township | $275K | $269.9K | -1.8% |
Housing Supply in Delaware City Township, OH
How many homes are available in Delaware City Township, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 136 | 147 | +8.1% |
Summary: The Delaware City Township real estate market had 147 homes for sale in March 2024, a 8.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 74 | 72 | -2.7% |
| 4 Bedrooms | 43 | 52 | +20.9% |
| 5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The Delaware City Township 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 10%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 20.9%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 35 | 39 | +11.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Delaware City Township, you could pay more than the asking price. 51.3% of homes here sold above asking price last month.
Summary: A total of 39 homes were sold or pending in Delaware City Township in March 2024, up by 11.4% month-over-month. Of the 39 sold homes, 10% were sold under asking, 38% were sold at asking, and 51% were sold over asking.
Days on Market for Delaware City Township, OH
How long does it take to sell a home in Delaware City Township, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 32 Days | 14 Days | -54.9% |
Summary: Homes in Delaware City Township had an average of 14 days on market in Mar 2024, down by 54.9% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Delaware City Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 39 homes were sold in Delaware City Township; 95% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.