Delano's real estate market is experiencing a price correction, with values down 59.2% from last year. The median home price has fallen to $50,000, a significant 59.2% decrease year-over-year. With 2.0 months of supply, Delano's inventory levels remain relatively tight. Homes are now taking an average of 105 days to sell, significantly longer than the 22 days typical for this market. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Delano market with the affordability index at 279.3. Based on current market indicators, home prices in Delano are projected to increase by approximately 10.9% over the next month.