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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Darby Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Darby Township has remained a Seller's Market.

Key Takeaway

Darby Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Darby Township, PA

How much do homes in Darby Township, PA cost?

Median Sold Price

$195,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,000(+2.6%)

Key Takeaway

Homes in Darby Township have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Darby Township was $195,000 in November 2024, up 2.6% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $103K-
N/A
2 $112K$114K
+1.8%
3 $190K$195K
+2.6%
4 $216K$235K
+8.8%
5+ $140K$233.4K
+66.8%

Summary: Darby Township 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 1.8%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 66.8%.

Median Sold Price Compared To Nearby Cities

Sharon Hill
+8.1%
Glenolden
+4.6%
Folcroft
+4.0%
Darby Township
+2.6%
Collingdale
0.0%

Housing Supply in Darby Township, PA

How many homes are available in Darby Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9099+10.0%

Summary: The Darby Township real estate market had 99 homes for sale in November 2024, a 10.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 7074
+5.7%
4 1115
+36.4%
5+ 44
0.0%

Summary: The Darby Township 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 20%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2317-26.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Darby Township, expect to pay close to the asking price. 47.1% of homes here sold near the asking price last month.

Summary: A total of 17 homes were sold or pending in Darby Township in November 2024, down by 26.1% month-over-month. Of the 17 sold homes, 24% were sold under asking, 47% were sold at asking, and 29% were sold over asking.

Days on Market for Darby Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
31 Days30 Days-4.5%

Summary: Homes in Darby Township had an average of 30 days on market in Nov 2024, down by 4.5% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

4 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 Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 17 homes were sold in Darby Township; 65% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 12% 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 21 Days Ago

Newest Listings in Darby Township, PA

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