$450,000
1.50 Acres
Land
#224038777, Neil W Mathias, Listing Office: Cutler Real Estate
Is Delaware Township, 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 Township has remained a Seller's Market.
Key Takeaway
Delaware Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Delaware Township, OH
How much do homes in Delaware Township, OH cost?
Median Sold Price
$414,937
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,666(+2.6%)
Key Takeaway
Homes in Delaware Township have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Delaware Township was $414,937 in October 2024, up 2.6% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $112.7K | N/A |
| 2 Bedrooms | $330K | $259.9K | -21.2% |
| 3 Bedrooms | $333.6K | $349K | +4.6% |
| 4 Bedrooms | $464.8K | $482.5K | +3.8% |
| 5+ Bedrooms | $710.7K | $673.7K | -5.2% |
Summary: Delaware 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 decreased by 21.2%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 5.2%.
Median Sold Price Compared To Nearby Cities
| Forest | $155.5K | $170K | +9.3% |
| Delaware Township | $404.2K | $414.9K | +2.6% |
Housing Supply in Delaware Township, OH
How many homes are available in Delaware Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 27 | -27.0% |
Summary: The Delaware Township real estate market had 27 homes for sale in October 2024, a 27.0% decrease 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 16 | 12 | -25.0% |
| 4 Bedrooms | 7 | 3 | -57.1% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The Delaware 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 25%, 4 bedroom homes decreased by 57.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Delaware Township, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Delaware Township in October 2024, up by 10.0% month-over-month. Of the 11 sold homes, 64% were sold under asking, 36% were sold at asking, and 0% were sold over asking.
Days on Market for Delaware Township, OH
How long does it take to sell a home in Delaware Township, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 112 Days | +542.8% |
Summary: Homes in Delaware Township had an average of 112 days on market in Oct 2024, up by 542.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Delaware Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 11 homes were sold in Delaware Township; 36% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.