$1,519 Closing Credit*
$127,900
3 Beds
•2 Full Baths
Marlin Zelmore, Listing Office: Century 21 Frontier Realty
Is Derry, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Derry has remained a Seller's Market.
Key Takeaway
Derry is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Derry, PA
How much do homes in Derry, PA cost?
Median Sold Price
$140,000
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,500(+6.5%)
Key Takeaway
Homes in Derry have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Derry was $140,000 in November 2024, up 6.5% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $310K | - | N/A |
| 2 Bedrooms | $95K | $120.5K | +26.8% |
| 3 Bedrooms | $138.5K | $173.5K | +25.3% |
| 4 Bedrooms | $147.5K | $138K | -6.4% |
| 5+ Bedrooms | $120K | - | N/A |
Summary: Derry 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 26.8%, 3 bedroom homes increased by 25.3%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Derry | $131.5K | $140K | +6.5% |
| Derry Township | $169.9K | $174K | +2.4% |
Housing Supply in Derry, PA
How many homes are available in Derry, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The Derry real estate market had 16 homes for sale in November 2024, a 6.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Derry 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 remained the same, 3 bedroom homes increased by 22.2%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Derry, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Derry in November 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Derry, PA
How long does it take to sell a home in Derry, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 28 Days | +19.8% |
Summary: Homes in Derry had an average of 28 days on market in Nov 2024, up by 19.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Derry are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Derry; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
