Is Delphi, IN 46923 a buyer’s or seller’s market?
Delphi is a seller’s market. With about 1.7 months of supply and 31% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 64% of U.S. ZIP codes, and #86 of 306 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Delphi housing market right now
In the three months ending August 31, 2026, 31% of homes in Delphi, IN 46923 sold above their list price, the typical home went under contract in 30 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 30 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 29%, homes sold more slowly (22 days then) and the median sale price rose 38% to $269,883. Overall, Delphi is about as competitive as it was a year ago.
Within Carroll County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Delphi ranks #86 of 306 IN ZIP codes with enough sales (score 62 out of 100).
Nearby, buyers who want less competition could look at Burlington 46915 (0% sold over asking) or Bringhurst 46913 (0% sold over asking), while Camden 46917 (50% sold over asking) and Flora 46929 (33% sold over asking) are even more competitive.
Run the numbers for 46923
Nearby markets
Bringhurst 46913Seller’s market $183 /sq ftBurlington 46915Seller’s market $110 /sq ftCamden 46917Seller’s market $132 /sq ftCutler 46920 — /sq ft Browse all markets →Towns like Delphi nearby
Find towns like Delphi in other states →Where Delphi is
Loading map…
Questions about Delphi real estate
Is Delphi a buyer’s or seller’s market?
A seller’s market: there were 1.7 months of supply in Delphi, IN 46923 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Delphi?
The typical home went under contract in 30 days in the latest three months.
Do homes in Delphi sell over asking?
31% of homes sold above their original list price, and the typical sale closed at 97.7% of the list price.
What are property taxes in Delphi?
About 0.56% of a home’s value a year in Carroll County, or roughly $2,240 on a $400,000 home.
What is the median home price in Delphi?
The median sale price was $269,883 in the three months ending August 31, 2026, about $156 per square foot.
Local agents
See all agents in 46923 →No sponsored agents in 46923 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 46923
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology