Is Delaware County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Delaware County is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Delaware County has remained a Seller's Market.

Key Takeaway

Delaware County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Delaware County, IN

How much do homes in Delaware County, IN cost?

Median Sold Price

$144,950

$94/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$670(+0.5%)

Key Takeaway

The sold price of homes in Delaware County has remained the same since last year.

Summary: The median home sold price in Delaware County was $144,950 in April 2024, up 0.5% from last year, and the median price per square foot was $94.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $64K$64.5K
+0.8%
2 $77.5K$81.9K
+5.7%
3 $142.9K$158.5K
+10.9%
4 $245K$214.4K
-12.5%
5+ $294.5K$305K
+3.6%

Summary: Delaware County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 10.9%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 3.6%.

Median Sold Price Compared To Nearby Counties

Blackford County
+22.5%
Henry County
+16.1%
Delaware County
0.5%

Housing Supply in Delaware County, IN

How many homes are available in Delaware County, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
236281+19.1%

Summary: The Delaware County real estate market had 281 homes for sale in April 2024, a 19.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 6277
+24.2%
3 126142
+12.7%
4 3645
+25.0%
5+ 1115
+36.4%

Summary: The Delaware County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 24.2%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 36.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3860+57.9%

Asking Price vs. Sold Price

35 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Delaware County, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 60 homes were sold or pending in Delaware County in April 2024, up by 57.9% month-over-month. Of the 60 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% 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

Apr 2023Apr 2024CHANGE
25 Days53 Days+107.5%

Summary: Homes in Delaware County had an average of 53 days on market in Apr 2024, up by 107.5% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Delaware County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 60 homes were sold in Delaware County; 23% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

Newest Listings in Delaware County, IN

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