Is Delaware Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Delaware Township has remained a Seller's Market.
Housing Prices in Delaware Township, IN
How much do homes in Delaware Township, IN cost?
Median Sold Price
$340,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Delaware Township was $340,000 in May 2024, up 4.5% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $147.5K | $237.5K | +61.0% |
2 Bedrooms | $250K | $262.5K | +5.0% |
3 Bedrooms | $310K | $327.5K | +5.6% |
4 Bedrooms | $375K | $399.9K | +6.6% |
5+ Bedrooms | $480K | $555K | +15.6% |
Summary: Delaware Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 61%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 15.6%.
Median Sold Price Compared To Nearby Cities
Clay Township | $474.9K | $527.8K | +11.1% |
Carmel | $486.1K | $525.3K | +8.1% |
Noblesville | $342.8K | $360K | +5.0% |
Delaware Township | $325.5K | $340K | +4.5% |
Fishers | $385.5K | $394.4K | +2.3% |
Housing Supply in Delaware Township, IN
How many homes are available in Delaware Township, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
119 | 125 | +5.0% |
Summary: The Delaware Township real estate market had 125 homes for sale in May 2024, a 5.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 15 | 15 | 0.0% |
3 Bedrooms | 57 | 58 | +1.8% |
4 Bedrooms | 44 | 44 | 0.0% |
5+ Bedrooms | 2 | 7 | +250.0% |
Summary: The Delaware Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 1.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 250%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
44 | 38 | -13.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in Delaware Township in May 2024, down by 13.6% month-over-month. Of the 38 sold homes, 34% were sold under asking, 16% were sold at asking, and 50% were sold over asking.
Days on Market for Delaware Township, IN
How long does it take to sell a home in Delaware Township, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
14 Days | 23 Days | +65.6% |
Summary: Homes in Delaware Township had an average of 23 days on market in May 2024, up by 65.6% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 38 homes were sold in Delaware Township; 74% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.