Is Delaware City Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Delaware City Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Delaware City Township, OH

How much do homes in Delaware City Township, OH cost?

Median Sold Price

$355,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,979(+7.6%)

Key Takeaway

Homes in Delaware City Township have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Delaware City Township was $355,000 in October 2024, up 7.6% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$112.7K
N/A
2 $217.5K$238.5K
+9.7%
3 $310K$330K
+6.5%
4 $384.4K$419.4K
+9.1%
5+ $444.9K$474.9K
+6.7%

Summary: Delaware City Township 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 increased by 6.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 6.7%.

Median Sold Price Compared To Nearby Cities

Delaware City Township
+7.6%
Troy Township
+7.0%
Delaware
+6.4%
Delaware Township
+3.6%

Housing Supply in Delaware City Township, OH

How many homes are available in Delaware City Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1211-8.3%

Summary: The Delaware City Township real estate market had 11 homes for sale in October 2024, a 8.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 76
-14.3%
4 44
0.0%
5+ 11
0.0%

Summary: The Delaware City Township 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 decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Delaware City Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Delaware City Township in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Delaware City Township, OH

How long does it take to sell a home in Delaware City Township, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
10 Days134 Days+1171.9%

Summary: Homes in Delaware City Township had an average of 134 days on market in Oct 2024, up by 1171.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Delaware City Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 4 homes were sold in Delaware City Township; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 17 Days Ago

Newest Listings in Delaware City Township, OH

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