In March 2025, the housing markets of Sunbury and Delaware County, Ohio, exhibited notable differences in average listing and sales prices, reflecting unique local dynamics.
📊 Average Listing and Sales Prices
Sunbury (Corp.)
- Average Sales Price: $524,050 (+26.2% YoY)
- Median Sales Price: $480,000 (+11.6% YoY)
- Median List Price at Time of Sale: $490,400 (+14.1% YoY)
- Median List Price of New Listings: $454,900 (-9.9% YoY)
Sunbury experienced a significant increase in average sales price, rising by 26.2% compared to the previous year. However, the median list price of new listings decreased by 9.9%, suggesting that while existing homes are selling for higher prices, new listings are entering the market at more competitive prices.
Delaware County
- Average Sales Price: $569,591 (+9.9% YoY)
- Median Sales Price: $516,000 (+7.5% YoY)
- Median List Price at Time of Sale: $525,000 (+9.7% YoY)
- Median List Price of New Listings: $509,950 (+5.2% YoY)
Delaware County showed steady growth in both sales and listing prices, with average sales prices increasing by 9.9% year-over-year. The median list price of new listings also rose by 5.2%, indicating a consistent upward trend in the county’s housing market.
🏘️ Market Dynamics
- Sunbury: The substantial increase in average sales price, coupled with a decrease in the median list price of new listings, may indicate a competitive market where buyers are willing to pay premiums for desirable properties, while sellers of new listings are pricing strategically to attract offers.
- Delaware County: The consistent growth in both sales and listing prices suggests a balanced market with steady demand and supply dynamics.
⏱️ Days on Market
- Sunbury: Homes spent an average of 61 days on the market in March 2025, up from 47 days the previous year.
- Delaware County: The average days on market increased to 41 days from 30 days in March 2024.
The increase in days on market in both areas may reflect a slight cooling in buyer urgency or a more deliberate purchasing process.
📈 Conclusion
While both Sunbury and Delaware County are experiencing growth in home prices, Sunbury’s market is showing more volatility with significant increases in sales prices and a decrease in the list price of new listings. Delaware County’s market appears more stable with consistent growth across all metrics.
Buyers and sellers should consider these dynamics when entering the market, as Sunbury may offer opportunities for sellers to capitalize on rising sales prices, while Delaware County provides a more predictable environment for both buyers and sellers.