Delaware, OH

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Delaware, OH Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Delaware Housing Market Information

With a population of 39,267, 14,251 total housing units (homes and apartments), and a median house value of $203,535, Delaware real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Delaware, accounting for 63.47% of the city's housing units. Other types of housing that are prevalent in Delaware include large apartment complexes or high rise apartments ( 17.58%), duplexes, homes converted to apartments or other small apartment buildings ( 10.94%), and a few row houses and other attached homes ( 5.68%).

The most prevalent building size and type in Delaware are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.37% owning and 40.63% renting.

There is a lot of housing in Delaware built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Delaware built between 2000 and later ( 29.94%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.92%). There's also some housing in Delaware built before 1939 ( 12.95%).

Delaware Home Appreciation Rates

Appreciation rates for homes in Delaware have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 25.27%, which ranks in the top 30% nationwide. This equates to an annual average Delaware house appreciation rate of 2.28%.

Appreciation rates are so strong in Delaware that despite a nationwide downturn in the housing market, Delaware real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Delaware appreciation rates continue to be some of the highest in America, at 8.43%, which is higher than appreciation rates in 83.24% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Delaware. Delaware appreciation rates in the latest quarter were at 1.52%, which equates to an annual appreciation rate of 6.20%.

Relative to Ohio, our data show that Delaware's latest annual appreciation rate is higher than 90% of the other cities and towns in Ohio.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Delaware differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Delaware - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Delaware real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,252,000 0.4
$939,001 - $1,252,000 0.0
$626,001 - $939,000 0.6
$501,001 - $626,000 1.7
$376,001 - $501,000 5.9
$251,001 - $376,000 20.0
$126,001 - $251,000 57.2
$63,001 - $126,000 8.9
$0 - $63,000 5.3

Very High for OH
High for Nation

Value Relative to Nation Value Relative to State
36.8642335766423 19.5538057742782

Number Of Homes And Apartments:

Delaware Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2018 Q3 - 2018 Q4
Last 12 Months:
2017 Q4 - 2018 Q4
Last 2 Years:
2016 Q4 - 2018 Q4
Last 5 Years:
2013 Q4 - 2018 Q4
Last 10 Years:
2008 Q4 - 2018 Q4
Since 2000:
2000 Q1 - 2018 Q4
41.79% 1.83%
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,152 / per month

Homeownership Rate

Owners 59.37
Renters 40.63
Vacant 6.16

Housing Market Details


Age of Homes

2000 or Newer 29.9
1970 - 1999 43.2
1940 - 1969 13.9
1939 or Older 13.0

Types of Homes

Single-Family 63.5
Townhomes 5.7
Small Apt. Buildings 10.9
Apt. Complexes 17.6
Mobile Homes 2.3
Other 0.1

Home Size

No Bedroom 0.87
1 Bedroom 9.36
2 Bedrooms 26.16
3 Bedrooms 41.85
4 Bedrooms 20.15
5 or more bedrooms 1.62