Delaware County, Pennsylvania Housing Market

In Delaware County, Pennsylvania, the median home value is $332,200, with a median monthly rent of $1,372. This places Delaware County at #481 nationally out of 3134 counties by median home value, and #4 within Pennsylvania.

Median Home Value $332,200
Median Rent $1,372/mo
Owner Occupancy 69.6%
Price/Rent Ratio 20.2

📈 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 +4.7% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

195,459
jobs (private sector)
  • Avg weekly wage: $1,441
  • Establishments: 14,170
  • BLS QCEW, 2025
🏗️

Housing Supply

217
new units authorized (2025)
  • Single-family: 215
  • Multi-family: 2
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+2937
net migration (filers, 2021-2022)
  • Inflow: 237,206 (avg $121,609)
  • Outflow: 234,269 (avg $122,091)
  • 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 19094 327.0 +10.81% 2025
2 19022 277.8 +14.69% 2025
3 19013 351.7 +20.03% 2025
4 19082 310.8 -3.02% 2025
5 19070 281.8 +10.04% 2025
6 19010 291.4 +5.78% 2025
7 19081 292.6 +4.62% 2025
8 19061 261.1 +5.69% 2025
9 19023 310.4 -1.45% 2025
10 19083 301.3 +6.79% 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 CountyPennsylvania AverageU.S. Average
Median Home Value $332,200 $212,079 $227,706
Median Gross Rent $1,372 $990 $968
Owner Occupancy Rate 69.6% 74.2% 73.3%
Price/Rent Ratio 20.2 17.5 18.7

Market Analysis

The median home value in Delaware County is 56.6% above the Pennsylvania state average and 45.9% above the U.S. national average. The median rent of $1,372/month is 38.6% above the state average.

With a price-to-rent ratio of 20.2, 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 69.6%, compared to 74.2% in Pennsylvania and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Pickens County Georgia $332,700 $1,136
Lincoln County Maine $332,700 $1,055
Olmsted County Minnesota $331,700 $1,370
Montezuma County Colorado $331,400 $942
Albany County Wyoming $333,000 $931

Other Counties in Pennsylvania

CountyMedian Home ValueMedian RentOwner Occ.
Centre County $323,500 $1,207 61.8%
Northampton County $308,600 $1,395 71.1%
Lancaster County $301,100 $1,357 69.8%
Lehigh County $300,400 $1,383 65.6%
Butler County $294,200 $1,041 76.9%

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).