Delaware County, Ohio Housing Market Prices
Delaware County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 227% above the Ohio median Among the 5 most expensive counties in Ohio$454,424
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Median rent 44% above the Ohio median Most expensive county in Ohio$1,491
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Delaware County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $454,424 | $139,044 | $248,835 |
| Price Trend (Annual %) | 15.3% | 6.7% | 7.5% |
| Median Gross Rent | $1,491 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 5.6% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Delaware County is about 227% higher than in Ohio. Rent is about 44% higher than the Ohio average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Delaware County, up about 15.3% and 5.6% a year respectively. Home prices are changing faster.
Median rent in Delaware County rose about 56.6% between 2015 and 2024, from $953 to $1,491. Over the same span, rent in Ohio rose about 41.7%.
Affordability
On average, housing unit costs 3.4 yearly household incomes in Delaware County.
Buying the median-priced home in Delaware County costs roughly 25.4 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Delaware County. The price-to-rent ratio in Ohio is about 11.2.
| Metric | Delaware County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $454,424 | $139,044 | $248,835 |
| Median Household Income | $134,160 | $71,509 | $80,455 |
| Price-to-Income Ratio | 3.4 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Delaware County rose about 162.5%, while median household income rose about 55.2% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Delaware County | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 74.9% | 61.7% | 58.5% |
| Rental Rate | 20.5% | 30.1% | 31.2% |
| Vacancy Rate | 4.6% | 8.1% | 10.2% |
| Median Tenure (years) | 13.0 | 16.0 | 15.0 |
| Median Year Moved In | 2013 | 2010 | 2011 |
Delaware County has a homeownership rate of 74.9%, higher than the Ohio average of 61.7%. Its housing vacancy rate is 4.6%, compared with 8.1% in Ohio.
Housing Stock
| Metric | Delaware County | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.73 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1989 | 1970 | 1978 |
| Median Number of Rooms | 7.2 | 5.9 | 5.5 |
The typical housing unit in Delaware County was built around 1989. On average, 2.7 people live in a home with about 7.2 rooms, staying for about 13.0 years on average.
Delaware County, OH Housing Compared With Nearby Counties
Delaware County, OH is the 2nd largest of the 5 counties compared here, 226,834 residents against a local median of 66,171. Where Delaware County, OH breaks from the counties next to it is median home price, sitting 143% above the local median of $187,013 at $454,424.
Median rent tells the same story from another angle: $1,491 against a local median of $1,091, 37% above it. The counties themselves sit within $187,590 of each other on median home price, a tighter band than the gap between any of them and Delaware County, OH, which makes it a genuine outlier here rather than one end of a wide local spread. Delaware County, OH has the highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Delaware County, OH | 226,834 | $454,424 #1/5 | $1,491 #1/5 | 78.5% #3/5 |
| Franklin County, OH | 1,332,477 | $223,791 | $1,302 | 52.8% |
| Morrow County, OH | 35,404 | $54,907 | $937 | 81.2% |
| Marion County, OH | 65,020 | $150,236 | $864 | 67.5% |
| Union County, OH | 67,322 | $242,497 | $1,246 | 79.2% |
Frequently Asked Questions
Common questions about the housing market in Delaware County, Ohio.
What is the median home price in Delaware County, Ohio?
The median home price in Delaware County, Ohio is $454,424, higher than the Ohio average of $139,044.
What is the average home price in Delaware County, Ohio?
The typical home price in Delaware County, Ohio, reported as the median sale price, is $454,424. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Delaware County, Ohio?
The median gross rent in Delaware County, Ohio is $1,491 per month, higher than the Ohio average of $1,033.
What was the median gross rent in Delaware County in 2020?
In 2020, the median gross rent in Delaware County, Ohio was $1,118 per month.
What is the price-to-rent ratio in Delaware County, Ohio?
The price-to-rent ratio in Delaware County, Ohio is about 25.4, meaning it would take roughly 25.4 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Delaware County.
Are home prices or rent rising faster in Delaware County, Ohio?
Both home prices and rent are rising in Delaware County, up about 15.3% and 5.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Delaware County, Ohio?
74.9% of households in Delaware County, Ohio own their home, higher than the Ohio average of 61.7%.
What is the vacancy rate in Delaware County, Ohio?
The housing vacancy rate in Delaware County, Ohio is 4.6%, lower than the Ohio average of 8.1%.
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