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.

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For decades, schools in Wilmington have faced funding and resource challenges, compounded by a complex governance structure that left many students, especially Latino and Black youth, with limited access to culturally responsive teaching and adequate resources. While systemic inequities in education have long impacted students of color and the community at large, recent efforts aim to shift the narrative toward greater opportunity and support for underserved communities.

Over a decade ago, the Longwood Foundation recognized the urgent need to address educational disparities affecting Wilmington’s inner-city students. To support this mission, they began assisting charter schools in finding spaces to operate, as many struggled to secure adequate facilities.

“The original impetus 12 years ago was the continued challenges of our inner city education system, and unfortunately, those continue to exist today,” said Thère du Pont, Longwood’s president and chair of the Community Education Building board. “[Longwood] had a number of charter schools that wanted to serve inner-city students and that couldn’t find a building that either the city or the Department of Education would approve.”

In 2014, the foundation established the CEB, a hub for local charter schools and the University of Delaware. The multi-story building on downtown Wilmington’s central Rodney Square was donated by credit card giant MBNA in 2012 and became a cornerstone for the community’s education efforts.

Now, a new $60 million plan will expand higher education access for Wilmington students, thanks to the recent donation of another building to the Longwood Foundation.

“The new one will add a high school … early college would be added, Delaware State will take a floor and operate their nursing program, it’s their college of Health and Sciences,” du Pont said. “And then very significantly Delaware Law School, which is operated by Widener University, will move from its suburban campus [to] downtown and bring 800 students into the building on day one.”

The project’s funding is a collective effort: $10 million from the city, $10 million from the donation of the Bank of America building, $23 million from the state, and possibly another $10 million from the county. The Longwood Foundation will fill in the remaining gap to ensure the building’s success.

“In the new building, it will mostly be university classrooms, maybe some lecture halls and specifically, we are already working with Delaware Law School to give them a 150 to 200-seat lecture hall,” he added.