Is New Derry, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Derry is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, New Derry has remained a Seller's Market.

Key Takeaway

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

Housing Prices in New Derry, PA

How much do homes in New Derry, PA cost?

Median Sold Price

$155,000

-

Based on all homes sold in December 2024.

Difference Since Last Month

+$5,000(+3.3%)

Key Takeaway

Homes in New Derry have sold for 3.3% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 -$155K
N/A
4 $150K-
N/A
5+ --
N/A

Summary: New Derry housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in New Derry, PA

How many homes are available in New Derry, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
21-50.0%

Summary: The New Derry real estate market had 1 homes for sale in December 2024, a 50.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The New Derry housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Derry, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in New Derry in December 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for New Derry, PA

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

Average Sale Time

Nov 2024Dec 2024CHANGE
43 Days81 Days+88.4%

Summary: Homes in New Derry had an average of 81 days on market in Dec 2024, up by 88.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in New Derry has remained consistent over time.

Summary: During December 2024, 1 homes were sold in New Derry; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in New Derry, PA