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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Londonderry Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Londonderry Township, PA

How much do homes in Londonderry Township, PA cost?

Median Sold Price

$482,850

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$41,225(-7.9%)

Key Takeaway

Homes in Londonderry Township have sold for 7.9% less than they did a year ago.

Summary: The median home sold price in Londonderry Township was $482,850 in October 2024, down 7.9% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$355K
N/A
2 $538.6K$492.6K
-8.5%
3 $524K$477K
-9.0%
4 $457.5K$510K
+11.5%
5+ $900K-
N/A

Summary: Londonderry Township 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 decreased by 8.5%, 3 bedroom homes decreased by 9%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Penn Township
0.0%
Cochranville
-3.4%
Londonderry Township
-7.9%

Housing Supply in Londonderry Township, PA

How many homes are available in Londonderry Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
10100.0%

Summary: The Londonderry Township real estate market had 10 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 56
+20.0%
4 32
-33.3%
5+ 11
0.0%

Summary: The Londonderry Township housing inventory by bedroom type for October 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 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Londonderry Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Londonderry Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Londonderry Township, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
95 Days150 Days+57.6%

Summary: Homes in Londonderry Township had an average of 150 days on market in Oct 2024, up by 57.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Londonderry Township has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Londonderry Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 16 Days Ago

Newest Listings in Londonderry Township, PA

Nearby Markets to Londonderry Township, PA

What housing markets are near Londonderry Township, PA?