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Sarah Mitchell

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Compass Real Estate · Delaware, OH

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Delaware, OH(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Delaware, OH Housing Market

Balanced market-0.6% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Delaware, OH is worth $413,291, fell 0.6% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $374,900, -4.7% year over year (through May 2026). With 3.1 months of supply and homes going under contract in about 35 days, Delaware is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $413,291 home is about $2,206/mo in principal and interest.

Key numbers for Delaware, OH

Typical home value

$413,291

-0.6% in 12 months

Zillow, August 2026

Typical asking rent

$1,664/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$374,900

-4.7% year over year

Redfin, through May 2026

Days on market

35

Average pace

Redfin, through May 2026

Active listings

170

3.1 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$92,928

Home costs 4.4x income

U.S. Census ACS, 2023

Sale-to-list ratio

99.9%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Delaware a buyer's or seller's market?

Balanced market3.1 months of supply35 days on market99.9% of asking

Delaware, OH is a balanced market, based on 3.1 months of supply and homes selling in about 35 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Delaware housing market data show?

Every row below is Redfin's final published month for Delaware, OH. Redfin, through May 2026

Housing market statistics for Delaware, OH, Redfin through May 2026
MetricValue
Median sale price$374,900
Median list price$395,000
Year-over-year price change-4.7%
Median price per sq ft$187/sq ft
Median days on market35 days
Active inventory170 listings
Months of supply3.1 months
Sale-to-list price ratio99.9%
Homes sold (that month)55
New listings (that month)81
Listings with a price cut28.2%
Market conditionBalanced market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Delaware is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Delaware is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Delaware home prices moved?

Over the last three years the median sale price in Delaware, OH fell 1.9%, from $382,000 to $374,900. The live Zillow value series has fell 0.6% in the last 12 months, which is the more current read now that Redfin's series has stopped. 28.2% of Delaware listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 3.1 months while the sale-to-list ratio slips below its current 99.9%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

Get Delaware market alerts

Weekly updates on prices, inventory, and trends. Free forever.

What does it cost to buy a home in Delaware?

Priced off the typical home value of $413,291 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Delaware, OH
Down paymentCash at closeLoan amountMonthly P&I
20%$82,658$330,633$2,206/mo
5%$20,665$392,626$2,620/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,206, that implies roughly $94,559 a year before you add taxes and insurance. The median household in Delaware earns $92,928, about $1,631 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 4.4x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Delaware in the next 12 months?

Tell us your timeline. We send the Delaware market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Delaware?

Typical asking rent in Delaware, OH is $1,664/mo, against a typical home value of $413,291. That is a price-to-rent ratio of 20.7x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $2,206 a month — $542 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Delaware?

Active listings in Delaware, OH went from 159 in May 2025 to 170 in May 2026, a +6.9% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.

Active listings by month in Delaware, OH
MonthActive listingsNew listings
June 202516891
July 202516780
August 202517581
September 202518175
October 202518175
November 202516847
December 202514934
January 202614456
February 202611838
March 202612580
April 202615085
May 202617081

Redfin, through May 2026

How does Delaware compare to Ohio and the U.S.?

Delaware homes sell for $374,900 — 33% above the Ohio median of $282,600. Against the national median of $410,700, Delaware runs 9% lower. Year-over-year, Delaware moved -4.7% against Ohio's +5.4% — a smaller swing than the state as a whole.

Delaware, OH compared with Ohio and the United States
MarketMedian sale priceYoYDays on market
Delaware, OH$374,900-4.7%35 days
Ohio statewide$282,600+5.4%36 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Delaware

What buyers should watch

  • Months of supply, currently 3.1. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 28.2%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $414 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $413,291 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Delaware listing goes under contract in 35 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 99.9% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Delaware added 81 new listings against 55 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved -0.6% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Delaware varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Delaware

There are currently 170 homes listed for sale in Delaware, Ohio. The median listing price is $395K. Featured listings range from $35,000 to $814,900.

2 bedroom house for sale at 2000U S Highway 23 N Unit 128 Delaware 43015 - $35,000
New Listing
18
$35,000

2000U S Highway 23 N Unit 128

Delaware, OH 43015

2 bd2 ba980 sqft$36/ft²
House

Danielle Lumpkin · DSL Real Estate Services

View photos & details
3 bedroom house for sale at 6 Wade St Delaware 43015 - $199,999
New Listing
45
$199,999

6 Wade St

Delaware, OH 43015

3 bd2 ba1,242 sqft$161/ft²
House2,178 sqft lot

Delena Ciamacco · RE/MAX Connection

View photos & details
3 bedroom condo for sale at 81 Lakes at Cheshire Dr Delaware 43015 - $329,900
New Listing
8
$329,900

81 Lakes at Cheshire Dr

Delaware, OH 43015

3 bd3 ba1,656 sqft$199/ft²
Condo

Vanessa Beneze · Century 21 Premiere Properties

View photos & details
3 bedroom house for sale at 7688 State Route 257 N Delaware 43342 - $395,000
New Listing
46
$395,000

7688 State Route 257 N

Delaware, OH 43342

3 bd2 ba0 sqft0
House5.01 acres

Ashley Kaufman · The Agency Cleveland Northcoast

View photos & details
4 bedroom house for sale at 112 Harvard Loop Delaware 43015 - $419,900
New Listing
51
$419,900

112 Harvard Loop

Delaware, OH 43015

4 bd3 ba2,514 sqft$167/ft²
House7,841 sqft lot

David Barlow · Sell For One Percent

View photos & details
3 bedroom house for sale at 61 Firenze Rd Delaware 43015 - $445,900
New Listing
25
$445,900

61 Firenze Rd

Delaware, OH 43015

3 bd2 ba1,736 sqft$257/ft²
House7,841 sqft lot

Steven Koleno · Beycome Brokerage Realty LLC

View photos & details
4 bedroom house for sale at 114 Ash St Delaware 43015 - $450,000
New Listing
50
$450,000

114 Ash St

Delaware, OH 43015

4 bd4 ba2,248 sqft$200/ft²
House7,841 sqft lot

Kaleigh Chatfield · The Columbus Agents

View photos & details
4 bedroom house for sale at 495 White Fawn Run Delaware 43015 - $599,900
New Listing
58
$599,900

495 White Fawn Run

Delaware, OH 43015

4 bd4 ba3,540 sqft$169/ft²
House10,890 sqft lot

Staci Patzer · Keller Williams Consultants

View photos & details
4 bedroom house for sale at 119 Littondale Dr Delaware 43015 - $679,990
New Build
10
$679,990

119 Littondale Dr

Delaware, OH 43015

4 bd2 ba3,575 sqft$190/ft²
House
View photos & details
4 bedroom house for sale at 5470 Green Castle Ct Delaware 43015 - $699,249
New BuildPrice Drop −$11K
10
$699,249

5470 Green Castle Ct

Delaware, OH 43015

4 bd3 ba2,789 sqft$251/ft²
House
View photos & details
5 bedroom house for sale at 3220 Blantons Pass Delaware 43015 - $749,900
New Listing
77
$749,900

3220 Blantons Pass

Delaware, OH 43015

5 bd4 ba4,500 sqft$167/ft²
House14,375 sqft lot

Koteswara Bodipudi · Red 1 Realty

View photos & details
5 bedroom house for sale at 2562 Hammersly Loop Lot 7102 Delaware 43015 - $814,900
New Build
31
$814,900

2562 Hammersly Loop Lot 7102

Delaware, OH 43015

5 bd5 ba3,534 sqft$231/ft²
House24,394 sqft lot

Charlene Fairman · The Realty Firm

View photos & details

Looking to buy in Delaware?

Get connected with a local real estate expert — free, no obligation.

Active listings

170

Homes on market

Median list price

$395K

Avg. days on market

35

Days until sale

New this week

81

Newly listed

Price drops:28.2%of listings
Sale-to-list:99.9%

How much do homes cost in Delaware by property type?

How the Delaware, OH market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Delaware, OH
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$417,500$187/sq ft4636 days
Condo / co-op$285,000$194/sq ft922 days

Who lives in Delaware?

American Community Survey estimates for Delaware. U.S. Census ACS, 2023

Population

43,168

Households

16,397

Median income

$92,928/yr

Median age

36.3 years

Owner-occupied

62.0%

Median home value

$279,400

Median gross rent

$1,203/mo

Mean commute

26.2 min

62.0% of occupied homes in Delaware are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $279,400 against Zillow's $413,291 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,203/mo, below Zillow's $1,664/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Delaware?

13 schools tracked · 9,753 students

The largest public schools serving Delaware, OH 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.

Olentangy Berlin High School

Grades 9-12 · 1,740 students

Public

Rutherford B Hayes High School

Grades 9-12 · 1,652 students

Public

John C Dempsey Middle School

Grades 6-8 · 1,259 students

Public

Cheshire Elementary

Grades PK-5 · 833 students

Public

Robert F Schultz Elementary School

Grades K-5 · 774 students

Public

Buckeye Valley Local High School

Grades 9-12 · 617 students

Public

Laura Woodward Elementary School

Grades PK-5 · 610 students

Public

Buckeye Valley Local Middle School

Grades 5-8 · 593 students

Public

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 Delaware, OH?

Ordered by distance from Delaware, not by size. Compare Delaware side by side with any of them.

Which ZIP codes are in Delaware?

These are the ZIP codes we see on active Delaware listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

Delaware housing market FAQ

Is Delaware a buyer's or seller's market?

Delaware, OH is currently a balanced market. That read comes from 3.1 months of supply, homes going under contract in about 35 days, and sellers getting 99.9% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Delaware?

The typical home in Delaware, OH is worth $413,291 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $374,900, about $187 per square foot.

Is Delaware cheaper than the rest of Ohio?

Delaware's median sale price of $374,900 is 33% higher than the Ohio statewide median of $282,600, and 9% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Delaware?

Homes in Delaware, OH spent a median of 35 days on market before going under contract, versus 36 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Delaware?

At the current 30-year fixed rate of 7.03%, 20% down on a $413,291 home is about $2,206 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $94,559 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $92,928.

Are home prices rising in Delaware?

The typical home value in Delaware, OH fell 0.6% over the last 12 months, from $415,676 to $413,291 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Delaware?

Delaware ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Delaware?

That depends on your timeline, not on a headline. What the data says today: Delaware, OH is a balanced market with 3.1 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 20.7x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.