Is Darby, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Darby is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Darby was a Seller's Market.

Key Takeaway

Darby is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Darby, PA

How much do homes in Darby, PA cost?

Median Sold Price

$180,000

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,100(+5.9%)

Key Takeaway

Homes in Darby have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Darby was $180,000 in November 2024, up 5.9% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $112K$123.5K
+10.3%
3 $169.9K$180K
+5.9%
4 $215K$233.5K
+8.6%
5+ $140K$187K
+33.6%

Summary: Darby housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 33.6%.

Median Sold Price Compared To Nearby Cities

Colwyn
+16.2%
Darby
+5.9%
Upper Darby Township
+2.0%
Collingdale
0.0%

Housing Supply in Darby, PA

How many homes are available in Darby, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6679+19.7%

Summary: The Darby real estate market had 79 homes for sale in November 2024, a 19.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 5056
+12.0%
4 1015
+50.0%
5+ 33
0.0%

Summary: The Darby housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1611-31.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Darby, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in Darby in November 2024, down by 31.3% month-over-month. Of the 11 sold homes, 18% were sold under asking, 55% were sold at asking, and 27% were sold over asking.

Days on Market for Darby, PA

How long does it take to sell a home in Darby, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
36 Days33 Days-10.1%

Summary: Homes in Darby had an average of 33 days on market in Nov 2024, down by 10.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Darby are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 11 homes were sold in Darby; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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