$300,000
2.00 Acres
Land
#224040795, Randy J Best, Listing Office: Best Corporate Real Estate
Is Delaware County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Delaware County has remained a Seller's Market.
Key Takeaway
Delaware County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Delaware County, OH
How much do homes in Delaware County, OH cost?
Median Sold Price
$489,698
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$29,370(+6.4%)
Key Takeaway
Homes in Delaware County have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in Delaware County was $489,698 in October 2024, up 6.4% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $167.5K | $134.8K | -19.5% |
| 2 Bedrooms | $320K | $315.3K | -1.4% |
| 3 Bedrooms | $394.8K | $414.9K | +5.1% |
| 4 Bedrooms | $529.5K | $564.4K | +6.6% |
| 5+ Bedrooms | $710.1K | $699.5K | -1.5% |
Summary: Delaware County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.5%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes decreased by 1.5%.
Median Sold Price Compared To Nearby Counties
| Knox County | $255.8K | $284.9K | +11.4% |
| Delaware County | $460.3K | $489.6K | +6.4% |
Housing Supply in Delaware County, OH
How many homes are available in Delaware County, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 134 | 92 | -31.3% |
Summary: The Delaware County real estate market had 92 homes for sale in October 2024, a 31.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 7 | -36.4% |
| 3 Bedrooms | 56 | 41 | -26.8% |
| 4 Bedrooms | 47 | 29 | -38.3% |
| 5+ Bedrooms | 19 | 14 | -26.3% |
Summary: The Delaware County 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 decreased by 36.4%, 3 bedroom homes decreased by 26.8%, 4 bedroom homes decreased by 38.3%, and 5+ bedroom homes decreased by 26.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 25 | -39.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Delaware County, you may be able to get a good deal. 68% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Delaware County in October 2024, down by 39.0% month-over-month. Of the 25 sold homes, 68% were sold under asking, 16% were sold at asking, and 16% were sold over asking.
Days on Market for Delaware County, OH
How long does it take to sell a home in Delaware County, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 127 Days | +456.3% |
Summary: Homes in Delaware County had an average of 127 days on market in Oct 2024, up by 456.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Delaware County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 25 homes were sold in Delaware County; 16% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 64% of homes were sold over 90 days.
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Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
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