Is Upper Darby, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Upper Darby was a Seller's Market.
Key Takeaway
Upper Darby is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Upper Darby, PA
How much do homes in Upper Darby, PA cost?
Median Sold Price
$180,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Upper Darby have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Upper Darby was $180,000 in May 2024, up 2.9% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $90K | N/A |
| 2 Bedrooms | $112K | $112.5K | 0.4% |
| 3 Bedrooms | $173.9K | $180K | +3.5% |
| 4 Bedrooms | $242K | $239K | -1.2% |
| 5+ Bedrooms | $250K | $355K | +42.0% |
Summary: Upper Darby housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 42%.
Median Sold Price Compared To Nearby Cities
| East Lansdowne | $200K | $275K | +37.5% |
| Drexel Hill | $267.5K | $301K | +12.5% |
| Upper Darby Township | $220K | $235.3K | +6.9% |
| Upper Darby | $175K | $180K | +2.9% |
Housing Supply in Upper Darby, PA
How many homes are available in Upper Darby, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 98 | 107 | +9.2% |
Summary: The Upper Darby real estate market had 107 homes for sale in May 2024, a 9.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 18 | 17 | -5.6% |
| 3 Bedrooms | 59 | 65 | +10.2% |
| 4 Bedrooms | 12 | 18 | +50.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Upper Darby housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 28 | 17 | -39.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Upper Darby, expect to pay close to the asking price. 35.3% of homes here sold near the asking price last month.
Summary: A total of 17 homes were sold or pending in Upper Darby in May 2024, down by 39.3% month-over-month. Of the 17 sold homes, 29% were sold under asking, 35% were sold at asking, and 35% were sold over asking.
Days on Market for Upper Darby, PA
How long does it take to sell a home in Upper Darby, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 41 Days | 19 Days | -52.4% |
Summary: Homes in Upper Darby had an average of 19 days on market in May 2024, down by 52.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Upper Darby are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 17 homes were sold in Upper Darby; 76% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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