Is Delaware County, 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 County has remained a Seller's Market.
Housing Prices in Delaware County, IN
How much do homes in Delaware County, IN cost?
Median Sold Price
$144,950
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Delaware County was $144,950 in May 2024, up 1.4% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $64K | $50K | -21.9% |
2 Bedrooms | $77.5K | $81K | +4.5% |
3 Bedrooms | $143K | $159K | +11.2% |
4 Bedrooms | $239.9K | $207.5K | -13.5% |
5+ Bedrooms | $294.5K | $305K | +3.6% |
Summary: Delaware County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.9%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 11.2%, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes increased by 3.6%.
Median Sold Price Compared To Nearby Counties
Henry County | $139.9K | $155K | +10.8% |
Delaware County | $142.9K | $144.9K | +1.4% |
Housing Supply in Delaware County, IN
How many homes are available in Delaware County, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
184 | 257 | +39.7% |
Summary: The Delaware County real estate market had 257 homes for sale in May 2024, a 39.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 44 | 65 | +47.7% |
3 Bedrooms | 101 | 133 | +31.7% |
4 Bedrooms | 24 | 39 | +62.5% |
5+ Bedrooms | 13 | 16 | +23.1% |
Summary: The Delaware County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 47.7%, 3 bedroom homes increased by 31.7%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 63 | +152.0% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 63 homes were sold or pending in Delaware County in May 2024, up by 152.0% month-over-month. Of the 63 sold homes, 62% were sold under asking, 21% were sold at asking, and 17% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
58 Days | 34 Days | -41.3% |
Summary: Homes in Delaware County had an average of 34 days on market in May 2024, down by 41.3% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 63 homes were sold in Delaware County; 43% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.