Delaware County home listings asked for less money in October – see the current median price here

The median home in Delaware County listed for $160,750 in October, down 13.1% from the previous month’s $184,900, an analysis of data from Realtor.com shows.

Compared to October 2023, the median home list price increased 5.4% from $152,475.

The statistics in this article only pertain to houses listed for sale in Delaware County, not houses that were sold. Information on your local housing market, along with other useful community data, is available at data.thestarpress.com. 

Delaware County’s median home was 1,638 square feet, listed at $112 per square foot. The price per square foot of homes for sale is up 19.6% from October 2023.

Listings in Delaware County moved briskly, at a median 44 days listed compared to the October national median of 58 days on the market. In the previous month, homes had a median of 42 days on the market. Around 130 homes were newly listed on the market in October, a 16.1% increase from 112 new listings in October 2023. 

The median home prices issued by Realtor.com may exclude many, or even most, of a market’s homes. The price and volume represent only single-family homes, condominiums or townhomes. They include existing homes, but exclude most new construction as well as pending and contingent sales.

Across the Muncie metro area, median home prices fell to $160,375, down 0.1% from a month earlier. The median home had 1,637 square feet, at a list price of $112 per square foot.

In Indiana, median home prices were $290,750, a slight decrease from September. The median Indiana home listed for sale had 1,912 square feet, with a price of $153 per square foot. 

Throughout the United States, the median home price was $424,950, a slight decrease from the month prior. The median American home for sale was listed at 1,835 square feet, with a price of $226 per square foot. 

The median home list price used in this report represents the midway point of all the houses or units listed over the given period of time. Experts say the median offers a more accurate view of what’s happening in a market than the average list price, which would mean taking the sum of all listing prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high price.

The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu.