Delaware

Located in Delaware County, this city of 43,168 residents presents an extremely tight housing market with only one active listing currently available. The median home price stands at $265,000, translating to $291 per square foot for properties averaging 912 square feet. With a median household income of $92,928, residents demonstrate strong earning power relative to housing costs. The homeownership rate of 62.0% indicates a solid base of property owners, though the severe shortage of available homes suggests high demand and limited inventory. Families in the area are served by Delaware City School District for primary education. The combination of strong household incomes and minimal housing availability creates a competitive market environment where buyers face limited options. This scarcity of listings reflects either high resident satisfaction with the area leading to low turnover, or strong demand that quickly absorbs new inventory as it becomes available.

Market description generated from current MLS and U.S. Census data.