Is Delaware 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 Township has remained a Seller's Market.
Housing Prices in Delaware Township, OH
How much do homes in Delaware Township, OH cost?
Median Sold Price
$405,384
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Delaware Township was $405,384 in March 2024, up 3.7% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $255K | $112.7K | -55.8% |
2 Bedrooms | $253K | $295.4K | +16.8% |
3 Bedrooms | $331.8K | $339.9K | +2.4% |
4 Bedrooms | $469.7K | $468.9K | -0.2% |
5+ Bedrooms | $596.3K | $710.7K | +19.2% |
Summary: Delaware Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.8%, 2 bedroom homes increased by 16.8%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 19.2%.
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 Township, OH
How many homes are available in Delaware Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
264 | 276 | +4.5% |
Summary: The Delaware Township real estate market had 276 homes for sale in March 2024, a 4.5% 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 | 23 | 26 | +13.0% |
3 Bedrooms | 118 | 115 | -2.5% |
4 Bedrooms | 84 | 89 | +6.0% |
5+ Bedrooms | 39 | 46 | +17.9% |
Summary: The Delaware 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 13%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 17.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
60 | 67 | +11.7% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Summary: A total of 67 homes were sold or pending in Delaware Township in March 2024, up by 11.7% month-over-month. Of the 67 sold homes, 27% were sold under asking, 36% were sold at asking, and 37% were sold over asking.
Days on Market for Delaware Township, OH
How long does it take to sell a home in Delaware Township, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
41 Days | 21 Days | -49.2% |
Summary: Homes in Delaware Township had an average of 21 days on market in Mar 2024, down by 49.2% compared to last year.
Breakdown of Home Sale Times
58 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 67 homes were sold in Delaware Township; 87% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.