Is Housing Becoming More Affordable in Delaware County, PA in 2026?
If you’ve been watching the housing market closely, whether you’re thinking about buying, selling, or just following trends — there’s good news for 2026: affordability is finally starting to improve. That’s not just a national trend — we’re beginning to see signs of it right here in Delaware County.
What Experts Are Saying Nationwide
Across the U.S., economists and real estate analysts point to a combination of more balanced inventory, slightly lower mortgage rates than we saw in recent years, and slower home-price growth as key drivers that are easing affordability pressures. While mortgage rates are still above the historically low levels seen earlier in the decade, rates in the low-6% range can translate into meaningful monthly savings for local buyers when compared to the higher rates of the past few years.
These shifts aren’t dramatic — experts emphasize that affordability won’t change overnight, but they are real and are expected to continue gradually into 2026.
Delaware County: Local Market Trends to Know
Here’s how these national headwinds and opportunities are playing out locally:
1. Homes Are Still Moving — But With More Balance
The real estate market in Delaware County remains active. Recent data shows median home values around $338,450–$355,000, with homes often selling near asking price and average days on market relatively moderate, evidence of ongoing buyer interest and strong local demand.
This activity signals a market where buyers still need a strategy, but they’re not shut out. Increasing choices and inventory trends are beginning to balance the dynamic that previously favored sellers.
2. Affordability Realities for Local Buyers
While affordability has been historically strained across the U.S., incremental improvements — including slowing price increases and moderate mortgage rates — are giving local buyers more breathing room. National data predicts the typical mortgage payment could dip below 30% of median household income — a key benchmark for affordability — for the first time since 2022.
For Delaware County buyers, that means:
More negotiating power than a year ago
Slightly slower home-price growth — not a price collapse but steadier gains
Opportunities for first-time buyers to enter the market
3. Local Development & Community Support
Delaware County is planning for housing needs through the upcoming 2026 Housing and Community Development Action Plan, which includes funding aimed at community development and housing initiatives. This effort — part of the county’s broader strategy — supports both quality of life and balanced housing access.
In addition, longstanding regional housing studies have highlighted the importance of expanding affordable housing stock and preserving existing units — goals that resonate strongly as market conditions evolve.
What This Means for You
Buyers:
2026 may offer a window of opportunity. If you’ve been waiting on the sidelines for better affordability, more inventory and stable rate forecasts could make this year the right time to act. Teaming up with a trusted local agent can help you navigate neighborhoods from Havertown to Radnor and find value that fits your budget.
Sellers:
The market isn’t disappearing — homes continue to sell — but pricing strategically and preparing for more buyer options will be important. The modest price gains expected in 2026 mean careful marketing and timing still matter.
Renters & Investors:
Median rents in the county are adjusting, while some local markets see shifting rental dynamics. Staying informed on neighborhood trends can help you capitalize on investment opportunities or prepare for rental cost changes.
Bottom Line: A More Balanced Market is Emerging
After several tight years, experts expect 2026 to bring gradual improvements in housing affordability and more equitable market dynamics both nationally and here at home in Delaware County. It won’t be a sudden turnaround — but it is a turning point worth paying attention to.
Ready to explore your next move? Whether you’re buying, selling, or just planning ahead — now’s the time to connect with a local real estate professional who knows the Delaware County market inside and out.