Delaware
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.
Delaware
All lanes open after I-69 closure in Delaware County
DELAWARE COUNTY, Ind. — All lanes closed on I-69 in the southbound direction in Delaware County on Friday morning.
Authorities with the Indiana State Police were dispatched to the 240.5 mile marker on a report of a crash involving a semi at approximately 8:08 a.m.
All lanes are now open.
Delaware
After devastating fire at historic Delaware church, a summer festival carries on
Delaware
From blueprint to breakthrough: Tackling affordable housing in Wilmington
Pennrose and JPMorganChase help neighborhoods – and residents – thrive.
Finding an affordable place to live continues to be a challenge for many as widespread housing shortages persist across the U.S. Rising home prices and high interest rates have made homeownership inaccessible for a large portion of the population. Meanwhile, as rental demand increases, the number of renters facing affordability challenges is also on the rise.
The State of the Nation’s Housing 2025 by Harvard University’s Joint Center for Housing Studies reveals that cost burdens for renters reached another record high in 2023. Similarly, the JPMorganChase Institute reports that renter affordability is declining and forcing people to devote more of their take-home pay to housing costs. There is a growing need for affordable housing across the U.S., and that rings true here in Wilmington.
To close that gap, it’s essential that all Wilmington residents share in its growth with housing options that accommodate a range of needs and budgets. For the Pennrose real estate firm, this meant delivering a concrete solution to the local community, resulting in housing for individuals and families who otherwise might not have been able to live in the area.
Reinvesting in Wilmington’s Riverside
In Wilmington, the Riverside redevelopment initiative is focused on neighborhood stability at a scale that can be felt across generations – bringing housing, education and community resources together so families can remain rooted and move forward. Imani Village, developed by Pennrose in partnership with the Wilmington Housing Authority and nonprofit community organization REACH Riverside and constructed with support from JPMorganChase, is part of this broader effort, which is expected to create more than 600 high-quality, mixed-income homes while also enhancing and expanding EastSide Charter School and Kingswood Community Center to help establish a “cradle to college/career readiness education pipeline.”
By tying new housing to strengthened local institutions, the redevelopment aims to reduce the pressure that forces families to relocate and instead keep children closer to school, neighbors closer to one another and residents connected to the services that help them thrive. In practical terms, Imani Village represents not just additional homes, but a commitment to building a neighborhood where opportunity is easier to access and easier to keep.
“We’re proud of the far-reaching impact this project will have. It reflects Pennrose’s mission to uplift our communities and expand the supply of high-quality, affordable homes,” said Brett Macleod, Community Development Banking, J.P. Morgan. “Every additional housing unit matters – and increasing the number that are affordable is critical.”
A broader commitment to Wilmington’s future
While Imani Village is foundational, the vibrancy of a community depends on much more. In Delaware, the firm provides banking services to 215,000 customers and works across sectors to expand economic opportunity. Over the last five years, JPMorganChase has invested more than $25 million in local nonprofit organizations, supported 25,000 small business clients and delivered financial health education to thousands of residents to broaden access to banking, financial health resources, homeownership and other wealth-building tools.
“As we work with local stakeholders to expand housing options, JPMorganChase’s goal is to create inclusive economic opportunity for all,” said Don Mell, Location Management, Americas East Region Lead and member of the Delaware & Philadelphia Market Leadership Team at JPMorganChase. “When our communities thrive, we all thrive.”
Learn more about affordable housing and community development at jpmorgan.com/commercial-real-estate.
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