Comprehensive market data and analysis
We're showing Delaware County statistics below to give you a broader market picture. As more transactions occur in Winterthur, Delaware, we'll update with specific local data.
View nearby areas with more activity:
8.5 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Winterthur, Delaware | ||||||
The median price for land in the Delaware area is currently $130K per acre. For a typical parcel, the median sale price is $145K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $50K while premium lots reached $750K.
the Delaware area is currently a balanced market with 8.5 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have decreased 24.8% year-over-year.
the Delaware area currently has 8.5 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The 3-month absorption rate in the Delaware area is 11.8%. The 12-month rate is 12.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, the Delaware area saw 663 properties sold, totaling $262.4M in sales volume. In just the last 3 months, 155 properties changed hands.
Land in the Delaware area averages $742K per acre. The median price per acre is $130K, which may be more representative of typical transactions. Most parcels sold are around 39,640 sq ft.
The median land price in the Delaware area stands at $145K. This translates to roughly $130K per acre for the typical parcel size. The average price is $396K, indicating some higher-priced properties pulling up the average.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
