$10,000 Closing Credit*
$899,000
1,300 SqFt
2 Beds
•1 Full Bath, 1 Partial
Listing Office: Country House Realty Inc
Is Delaware, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Delaware was a Seller's Market.
Key Takeaway
Delaware is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Delaware, NY
How much do homes in Delaware, NY cost?
Median Sold Price
$275,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$30,000(-9.8%)
Key Takeaway
Homes in Delaware have sold for 9.8% less than they did a year ago.
Summary: The median home sold price in Delaware was $275,000 in October 2024, down 9.8% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $152.7K | - | N/A |
| 2 Bedrooms | $155K | $170K | +9.7% |
| 3 Bedrooms | $312.5K | $309.5K | -1.0% |
| 4 Bedrooms | $352.8K | $278K | -21.2% |
| 5+ Bedrooms | $1.0M | $262.4K | -74.1% |
Summary: Delaware housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.7%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 21.2%, and 5+ bedroom homes decreased by 74.1%.
Housing Supply in Delaware, NY
How many homes are available in Delaware, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 24 | +14.3% |
Summary: The Delaware real estate market had 24 homes for sale in October 2024, a 14.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 10 | +42.9% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Delaware housing inventory by bedroom type for October 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 42.9%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Delaware, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Delaware in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Delaware, NY
How long does it take to sell a home in Delaware, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 126 Days | +322.2% |
Summary: Homes in Delaware had an average of 126 days on market in Oct 2024, up by 322.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was 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 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Delaware; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.