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Featured local agent — Delphi, IN
Sarah Mitchell
Compass Real Estate · Delphi, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Delphi, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$297,500median sale price
How is the Delphi, IN housing market right now?
The median home sale price in Delphi, IN is $297,500, up 16.8% year-over-year. Homes sell in an average of 55 days with 16 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Delphi a buyer's or seller's market?
Delphi, IN is currently a buyer's market, based on 8.0 months of supply and homes selling in about 55 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
55
Average pace
Active listings
16
8.0 months supply
Sale-to-list
99.4%
Below asking
What does the Delphi housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $297,500 |
| Median list price | $274,900 |
| Year-over-year price change | +16.8% |
| Average days on market | 55 days |
| Active inventory | 16 listings |
| Months of supply | 8.0 months |
| Sale-to-list price ratio | 99.4% |
| Median price per sq ft | $158/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 7 |
| Listings with a price cut | 6.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Delphi by property type?
How the Delphi, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $297,500 | $158/sq ft | 2 | 55 days |
| Condo / Co-op | $149,000 | $130/sq ft | 1 | 135 days |
Source: Redfin · Updated monthly
The Delphi housing market is currently classified as a buyer's market with a median sale price of $297,500. Prices have risen 16.8% compared to last year, with homes spending an average of 55 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.3x provides context for how home values compare to local earning capacity.
Homes for sale in Delphi
There are currently 16 homes listed for sale in Delphi, Indiana. The median listing price is $275K.
Active listings
16
Homes on market
Median list price
$275K
Avg. days on market
55
Days until sale
New this week
7
Newly listed
Who lives in Delphi?
Population
2,913
Median income
$43,548/yr
Median age
39.5 years
Owner-occupied
65.8%
College grads
9.2%
Avg commute
22.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Delphi?
Zillow home value
$231,453
Zillow rent index
$1,065/mo
Price-to-rent ratio
18.1x
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Delphi?
Delphi is a community of approximately 3K residents with a median age of 39.5 years.The median household income is $43,548, which represents a working-class community with solid middle-income opportunities. 9.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 65.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Delphi offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Delphi?
3 schools tracked · 1,354 students
The largest public schools serving Delphi, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Delphi Community Elementary School
Grades PK-5 · 647 students
Delphi Community High School
Grades 9-12 · 417 students
Delphi Community Middle School
Grades 6-8 · 290 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Delphi, IN?
Want a head-to-head view? Compare Delphi side-by-side with any other U.S. city using our market-comparison tool.
Is Delphi a good real estate investment market?
For investors evaluating Delphi, the price-to-rent ratio of 18.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 16.8% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Delphi's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Delphi's median home price.
Frequently asked questions
What is the average home price in Delphi?
The median home sale price in Delphi is $297,500, up 16.8% from last year.
How long do homes stay on market in Delphi?
Homes typically spend 55 days on market before going under contract.
What is the median income in Delphi?
The median household income is $43,548 per year.
Is Delphi a buyer's or seller's market?
With 8.0 months of supply, Delphi is currently a buyer's market.
What is the Zillow home value estimate for Delphi?
The Zillow Home Value Index (ZHVI) for Delphi is $231,453, representing the typical home value in the area.
What is the median condo price in Delphi?
The median condo/co-op sale price in Delphi, IN is $149,000, compared to $297,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Delphi?
The median single-family home price in Delphi, IN is $297,500 (about $158 per square foot).
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