Delaware County, Ohio Housing Market

In Delaware County, Ohio, the median home value is $445,500, with a median monthly rent of $1,492. This places Delaware County at #205 nationally out of 3134 counties by median home value, and #1 within Ohio.

Median Home Value $445,500
Median Rent $1,492/mo
Owner Occupancy 78.5%
Price/Rent Ratio 24.9

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Delaware County rose +6.3% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

90,800
jobs (private sector)
  • Avg weekly wage: $1,470
  • Establishments: 7,337
  • BLS QCEW, 2025
🏗️

Housing Supply

2,016
new units authorized (2025)
  • Single-family: 1,637
  • Multi-family: 379
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+5500
net migration (filers, 2021-2022)
  • Inflow: 91,426 (avg $158,156)
  • Outflow: 85,926 (avg $160,191)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Delaware County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 43066 272.3 +16.83% 2025
2 43003 267.3 +15.33% 2025
3 43054 228.9 +4.43% 2025
4 43061 272.0 +12.51% 2025
5 43344 254.9 +16.08% 2025
6 43035 230.4 +9.44% 2025
7 43356 232.8 +0.33% 2025
8 43021 256.4 +8.35% 2025
9 43031 264.1 +3.26% 2025
10 43074 254.9 +2.34% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Delaware County Compares

MetricDelaware CountyOhio AverageU.S. Average
Median Home Value $445,500 $196,325 $227,706
Median Gross Rent $1,492 $904 $968
Owner Occupancy Rate 78.5% 73.7% 73.3%
Price/Rent Ratio 24.9 17.9 18.7

Market Analysis

The median home value in Delaware County is 126.9% above the Ohio state average and 95.6% above the U.S. national average. The median rent of $1,492/month is 65.0% above the state average.

With a price-to-rent ratio of 24.9, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Delaware County has an owner-occupancy rate of 78.5%, compared to 73.7% in Ohio and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Bucks County Pennsylvania $445,700 $1,605
Chatham County North Carolina $446,200 $1,180
Santa Fe County New Mexico $446,300 $1,389
Cache County Utah $444,400 $1,213
Humboldt County California $446,900 $1,287

Other Counties in Ohio

CountyMedian Home ValueMedian RentOwner Occ.
Warren County $349,400 $1,361 79.4%
Union County $344,900 $1,247 79.2%
Geauga County $331,100 $1,083 87.2%
Fairfield County $298,800 $1,172 74.9%
Franklin County $288,400 $1,302 52.8%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).