Real Estate Market Update for Delaware, OH
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Welcome to October's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was up 2% from one year earlier, and down 12% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 240-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 27%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 190-thousand dollars. The number of units sold decreased 16% year-over-year, and decreased 12% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Delaware, OH
Area Information for Delaware, OH
  • Population: 36,876
  • Median Age: 33.13 yr
  • Median Commute Time: 22.84 mins
  • Educational Climate*: 3
  • Sales Tax: 6.75%
  • Population Density: 1,946/sq mi
  • Population Change Since 2000: 41.97%
  • Closest Airport: Port Columbus International
  • Closest College: Ohio Wesleyan University
  • Closest Jr. College: Hondros College-main Campus
  • Median Household Income: $56,569
  • Annual Residential Turnover: 21.39%
  • Median Years in Residence: 3.37 yr
  • Median Home Sales Price: $138,500
  • Closest Major Sports Team: Columbus Crew
  • Change Avg. Household Income Since 2000: 19%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Delaware, OH
Median Age: 33.13 Married: 35% Number of Households: 13,664 Households with Children: 5,143
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Delaware, OH

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      James Conger Elementary School 0.4 mi Public PRESCHOOL-4 3-5 4
      St Mary Elementary School 0.4 mi Catholic K-8 0 5
      Frank B Willis Intermediate Middle School 0.6 mi Public 5-6 3-5 4
      David Smith Elementary School 0.8 mi Public K-4 4 5
      Laura Woodward Elementary School 1.0 mi Public PRESCHOOL-4 2 5
      Rutherford B Hayes High School 1.1 mi Public 9-12 2-5 3
      John C Dempsey Middle School 1.6 mi Public 7-8 3-5 3
      Delaware Christian School 1.6 mi Private PRESCHOOL-12 0 4
      Delaware Area Career Center North Campus 1.6 mi Public 10-12 0 0
      Grace Community School Of Delaware Ohio 1.7 mi Private PRESCHOOL-6 0 0
      Ervin Carlisle Elementary School 1.8 mi Public K-4 3 4
      Robert F Schultz Elementary School 1.8 mi Public K-4 4-5 4
      Buckeye Valley Local Middle School 3.5 mi Public 5-8 4 4
      Buckeye Valley Local High School 3.6 mi Public 9-12 3-5 4
      Cheshire Elementary School 4.7 mi Public PRESCHOOL-5 4-5 5
      Delaware Area Career Center South Campus 5.1 mi Public 11-12 0 0
      Enchanted Care Kids Campus Powell 8.2 mi Private K-5 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Delaware, OH
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.