Delphos, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Delphos, OH Real Estate Data


Delphos Housing Market Information

With 7,023 people, 2,940 houses or apartments, and a median cost of homes of $123,853, house prices in Delphos are solidly below the national average.

Single-family detached homes are the single most common housing type in Delphos, accounting for 73.99% of the city's housing units. Other types of housing that are prevalent in Delphos include mobile homes or trailers ( 10.30%), duplexes, homes converted to apartments or other small apartment buildings ( 10.24%), and a few large apartment complexes or high rise apartments ( 5.18%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Delphos. Owner-occupied housing accounts for 69.60% of Delphos's homes, and 59.99% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Delphos's housing was primarily built during this period, from the '40s through the '60s. A full 36.41% of the city's housing hails from this era. Other housing ages represented in Delphos include homes built before 1939 ( 30.35%) and housing constructed between 1970-1999 ( 29.27%). There's also some housing in Delphos built between 2000 and later ( 3.97%).

Delphos Home Appreciation Rates

Real estate appreciation rates in Delphos's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.13% during the period.

Over the last year, Delphos appreciation rates have trailed the rest of the nation. In the last twelve months, Delphos's appreciation rate has been 0.36%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Delphos were at -1.52%, which equates to an annual appreciation rate of -5.94%.

Notably, Delphos's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Ohio, our data show that Delphos's latest annual appreciation rate is lower than 80% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$123,853

Delphos, OH HOME PRICES

Value Range
> $1,050,000 0.0
$787,001 - $1,050,000 0.0
$525,001 - $787,000 0.0
$420,001 - $525,000 0.4
$315,001 - $420,000 0.8
$210,001 - $315,000 8.8
$105,001 - $210,000 37.2
$52,001 - $105,000 39.8
$0 - $52,000 12.9

Low for OH
Low for Nation

Value Relative to Nation Value Relative to State
63.0141802414157 60.498687664042

Number Of Homes And Apartments:
2,940

Rent & Ownership

 

Average Market Rent:
$790 / per month

Homeownership Rate

Homeownership
Owners 69.60
Renters 30.40
Vacant 8.75

Housing Market Details

 

Age of Homes

AGE OF Delphos HOMES
2000 or Newer 4.0
1970 - 1999 29.3
1940 - 1969 36.4
1939 or Older 30.4

Types of Homes

TYPE OF Delphos HOMES
Single-Family 74.0
Townhomes 0.3
Small Apt. Buildings 10.2
Apt. Complexes 5.2
Mobile Homes 10.3
Other 0.0

Home Size

SIZE OF Delphos HOMES
No Bedroom 0.00
1 Bedroom 5.34
2 Bedrooms 30.97
3 Bedrooms 47.67
4 Bedrooms 12.32
5 or more bedrooms 3.69

Delphos Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
9.04% 0.50% 5 1
* 10 is highest