Real Estate Investing in Delaware, Ohio

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2 ZIP codes • Population: 60,197 • Delaware County

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Should you buy in Delaware, OH? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (76/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Delaware, OH?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.9% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $421,076
Avg Monthly Rent $1,442
ZIP Codes 2

Investing in Delaware Real Estate

Delaware, OH covers 2 ZIP codes and a population but the investment metrics here are underwhelming — this is not a market to enter casually.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Delaware is in that category.

Market conditions in Delaware are sluggish. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Delaware's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Columbus, OH

Delaware is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Delaware, OH. Anonymous, moderated, never written by AI.

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Avg Home Value
$421,076
Avg Monthly Rent
$1,442
1% Rule
✗ Below
Landlord Friendly (OH)

📉 Market Crash Risk Index

Based on Columbus, OH metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
42%
Days Pending
0/2
32 days

View all metro crash risk rankings →

⚖️ Balanced Market — Columbus, OH metro
32
Days to pending
14.2%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

🎓 Colleges & Universities in Delaware

2 Colleges 1,624 Students
C+
Ohio Wesleyan University
4-Year Private · 1,452 students
C
Methodist Theological School in Ohio
4-Year Private · 172 students

ZIP Codes in Delaware, OH

Screen every ZIP in Delaware

Filter Delaware’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Delaware, OH

What is the median home value in Delaware, OH?

Delaware, OH home values average about $421K. That price point suits investors targeting rentals with $1,442/mo in monthly income.

What do landlords charge for rent in Delaware, OH?

Investors in Delaware, OH typically see rents near $1,442/mo per month against $421K home values - a solid setup for rental cash flow.

How landlord-friendly is Delaware, OH?

OH ranks as a landlord-friendly state for landlord-tenant law. Delaware generally follows the statewide framework, so landlords face reasonable operating rules.

What kind of market is Delaware, OH for investors?

Delaware, OH rates 3.0/5 for investability. With median values at $421K and rents near $1,442/mo, the market offers reasonable fundamentals for rental investors.

Is it easy to find good tenants in Delaware, OH?

Delaware, OH offers a predictable renter base at the $1,442/mo rent level. Tenant turnover is reasonable for well-managed properties.

Community Ratings

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