Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$168,797+4.3% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 26% have cut their price
Income needed to buy, per year$36,592About 0.7× the local median income ($55,462): affordable for a typical household
Days on market45 daysAbout the same pace as a year ago
Next 12 months+2.9%Zillow expects prices to rise slightly
The typical home in Delaware County, IN is worth $168,797, up 4.3% from a year ago. That is well above what local incomes have historically supported: fair value is about $130,980, so the area is 28.9% overvalued. It is a balanced market, leaning toward buyers: homes take about 45 days to sell, listings are up 22% from a year ago, 26% of listings have had a price cut. Zillow expects prices to rise about 2.9% over the next year. A household needs about $36,592 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $55,462. Typical rent is $1,043 a month, or $1,297 for a house. In the latest IRS figures, 309 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$168,797
Change in 1 year
+4.3%
Overvalued %
+28.9%
Show 7 more
Fair home value
$130,980
Change in 5 years
+38.5%
Zillow forecast, next 12 months
+2.9%
Home value to income
3.0×
Monthly mortgage payment (20% down)
$915
Income needed to afford it
$36,592
Property tax rate
0.74%
Rent and investing
Typical rent
$1,043
Typical rent for houses
$1,297
Price-to-rent ratio
13.5×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,145
Gross rental yield
7.42%
Cap rate (estimate)
4.82%
Market activity
Listings vs a year ago
+22.4%
Days on market
45
Listings with a price cut
26.0%
Show 3 more
Homes for sale
328
Pending sales per 100 listings
36
Asking price per sq ft
$111
People and jobs
Median household income
$55,462
Population change (1 year)
+0.3%
Unemployment rate
5.8%
Show 4 more
Population
113,106
Income adjusted for cost of living
$62,953
Net moves in (IRS)
+309
Cost of living (US = 100)
88.1
Schools, risk and environment
School rating (1 to 10)
5.2
FEMA hazard risk score (0 to 100)
76.3
Unhealthy air days a year
2
Show 4 more
Flood risk score
82.5
Wildfire risk score
21.8
Walkability (1 to 20)
7.3
Road, rail and air noise
52 dB
Questions people ask
Is Delaware County, IN overvalued?
Home prices in Delaware County, IN are well above what local incomes have historically supported: fair value is about $130,980, so the area is 28.9% overvalued.
Is Delaware County, IN a buyer's or seller's market?
Delaware County, IN is a balanced market, leaning toward buyers: homes take about 45 days to sell, listings are up 22% from a year ago, 26% of listings have had a price cut.
Are home prices going down in Delaware County, IN?
Home values in Delaware County, IN are up 4.3% over the last year. Zillow's forecast for the next 12 months is +2.9%.
How much do you need to earn to buy a home in Delaware County, IN?
A household needs about $36,592 a year to afford the typical home in Delaware County, IN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $55,462.