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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Delaware County is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Delaware County was a Seller's Market.

Key Takeaway

Delaware County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Delaware County, NY

How much do homes in Delaware County, NY cost?

Median Sold Price

$230,333

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,333(+7.1%)

Key Takeaway

Homes in Delaware County have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Delaware County was $230,333 in November 2024, up 7.1% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $177.5K$220K
+23.9%
2 $205K$206.5K
+0.7%
3 $224.5K$245K
+9.1%
4 $215K$235K
+9.3%
5+ $270K$237K
-12.2%

Summary: Delaware County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.9%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes decreased by 12.2%.

Median Sold Price Compared To Nearby Counties

Sullivan County
+16.6%
Otsego County
+11.5%
Delaware County
+7.1%
Schoharie County
+5.4%

Housing Supply in Delaware County, NY

How many homes are available in Delaware County, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
271242-10.7%

Summary: The Delaware County real estate market had 242 homes for sale in November 2024, a 10.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 88
0.0%
2 4943
-12.2%
3 11599
-13.9%
4 5755
-3.5%
5+ 4237
-11.9%

Summary: The Delaware County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.2%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 11.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4431-29.5%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

13 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. 41.9% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in Delaware County in November 2024, down by 29.5% month-over-month. Of the 31 sold homes, 42% were sold under asking, 16% were sold at asking, and 42% were sold over asking.

Days on Market for Delaware County, NY

How long does it take to sell a home in Delaware County, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
68 Days57 Days-15.3%

Summary: Homes in Delaware County had an average of 57 days on market in Nov 2024, down by 15.3% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

8 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 November 2024, 31 homes were sold in Delaware County; 52% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 26% 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 22 Days Ago

Newest Listings in Delaware County, NY

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