The housing market in Delaware, NY is thriving. The median value of a house in Delaware is $271,400, which is slightly less than the US median value of $338,100. Despite this lower price point, the 1-year appreciation rate for houses in Delaware is 12.09%, much higher than the US average of 8.27%. This indicates that the housing market in Delaware is currently experiencing strong growth and demand. With more affordable prices and high rates of growth, it's an ideal place for those looking to invest in real estate or purchase a new home.
The median home cost in Delaware is $271,400. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Delaware is up 14.6%.
Average Age of Homes
- The median age of Delaware real estate is 59 years old
The Rental Market in Delaware
- Renters make up 15.2% of the Delaware population
- 0.0% of houses and apartments in Delaware, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.