$5,344 Closing Credit*
$450,000
1,456 SqFt
3 Beds
•1 Full Bath, 1 Partial
Kyle Wilson, Listing Office: Long & Foster Real Estate, Inc.
Is Delaware County, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Delaware County has remained a Seller's Market.
Key Takeaway
Delaware County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Delaware County, PA
How much do homes in Delaware County, PA cost?
Median Sold Price
$349,970
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,453(+6.9%)
Key Takeaway
Homes in Delaware County have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Delaware County was $349,970 in October 2024, up 6.9% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $150K | 0.0% |
| 2 Bedrooms | $250K | $269.3K | +7.7% |
| 3 Bedrooms | $272.9K | $285K | +4.4% |
| 4 Bedrooms | $524.2K | $531.8K | +1.4% |
| 5+ Bedrooms | $816.6K | $880.9K | +7.9% |
Summary: Delaware County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 7.9%.
Median Sold Price Compared To Nearby Counties
| Gloucester County | $305K | $338.6K | +11.0% |
| Delaware County | $327.5K | $349.9K | +6.9% |
| New Castle County | $335.3K | $357.6K | +6.6% |
| Montgomery County | $418.5K | $439.5K | +5.0% |
| Philadelphia County | $260K | $261.6K | +0.6% |
Housing Supply in Delaware County, PA
How many homes are available in Delaware County, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,705 | 1,782 | +4.5% |
Summary: The Delaware County real estate market had 1,782 homes for sale in October 2024, a 4.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 34 | 39 | +14.7% |
| 2 Bedrooms | 159 | 173 | +8.8% |
| 3 Bedrooms | 820 | 836 | +2.0% |
| 4 Bedrooms | 434 | 465 | +7.1% |
| 5+ Bedrooms | 258 | 269 | +4.3% |
Summary: The Delaware County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.7%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 4.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 438 | 489 | +11.6% |
Asking Price vs. Sold Price
195 Homes Were Sold
Under Asking
97 Homes Were Sold
At Asking
197 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Delaware County, you could pay more than the asking price. 40.3% of homes here sold above asking price last month.
Summary: A total of 489 homes were sold or pending in Delaware County in October 2024, up by 11.6% month-over-month. Of the 489 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Delaware County, PA
How long does it take to sell a home in Delaware County, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 25 Days | +22.0% |
Summary: Homes in Delaware County had an average of 25 days on market in Oct 2024, up by 22% compared to last year.
Breakdown of Home Sale Times
357 Homes Were Sold
Under 30 Days
111 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Delaware County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 489 homes were sold in Delaware County; 73% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.