Home Values

Delaware Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$178,100

  • 3.8% 1-year change
  • 2.9% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Warm

Buyers' Market
Sellers' Market

The median home value in Delaware is $178,100. Delaware home values have gone up 3.8% over the past year and Zillow predicts they will rise 2.9% within the next year. The median list price per square foot in Delaware is None. The median rent price in Delaware is $1,360, which is higher than the Columbus Metro median of $950.

Foreclosures will be a factor impacting home values in the next several years. In Delaware 4.1 homes are foreclosed (per 10,000). This is greater than the Columbus Metro value of 3.9 and also greater than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Delaware is 2.9%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Delaware homeowners underwater on their mortgage is 12.4%, which is lower than Columbus Metro at 17.6%.

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Relative ZHVI
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Delaware Market Overview

Data through Apr 30, 2015
  • $178,100 ZHVI
  • 2.9% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • $185,500 Median sale price
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Delaware Market Health

Data through Apr 30, 2015
  • No recent data Stable
  • No data Average days on Zillow
  • 12.4% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 2.9% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

4.1 homes Delaware
3.9 homes Columbus Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Dublin $326,500
Galena $316,000
Powell $311,100
Name Median ZHVI
Worthington $239,500
Ostrander $209,400
Westerville $197,800
Name Median ZHVI
Sunbury $196,500
Minerva Park $139,000
Ashley $128,300

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $104 Median sale price / sq ft
  • No data Listings with price cut
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Delaware Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,532 Delaware
    $1,262 Columbus Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,360 Rent list price
  • No data Rent list price / sq ft
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