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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Upper Darby Township is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Upper Darby Township was a Seller's Market.

Key Takeaway

Upper Darby Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Upper Darby Township, PA

How much do homes in Upper Darby Township, PA cost?

Median Sold Price

$235,333

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$15,277(+6.9%)

Key Takeaway

Homes in Upper Darby Township have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Upper Darby Township was $235,333 in May 2024, up 6.9% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$90K
N/A
2 $127.5K$124.5K
-2.4%
3 $205K$216.4K
+5.6%
4 $302K$322.5K
+6.8%
5+ $380K$415K
+9.2%

Summary: Upper Darby Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 9.2%.

Median Sold Price Compared To Nearby Cities

East Lansdowne
+37.5%
Drexel Hill
+12.5%
Upper Darby Township
+6.9%
Upper Darby
+2.9%
Lansdowne
-1.0%

Housing Supply in Upper Darby Township, PA

How many homes are available in Upper Darby Township, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
216233+7.9%

Summary: The Upper Darby Township real estate market had 233 homes for sale in May 2024, a 7.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 20
-100.0%
2 2422
-8.3%
3 126134
+6.3%
4 3848
+26.3%
5+ 2629
+11.5%

Summary: The Upper Darby Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes increased by 11.5%.

Number of Homes Sold

Apr 2024May 2024CHANGE
6738-43.3%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Upper Darby Township, you could pay more than the asking price. 36.8% of homes here sold above asking price last month.

Summary: A total of 38 homes were sold or pending in Upper Darby Township in May 2024, down by 43.3% month-over-month. Of the 38 sold homes, 34% were sold under asking, 29% were sold at asking, and 37% were sold over asking.

Days on Market for Upper Darby Township, PA

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

Average Sale Time

May 2023May 2024CHANGE
20 Days22 Days+9.5%

Summary: Homes in Upper Darby Township had an average of 22 days on market in May 2024, up by 9.5% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Upper Darby Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 38 homes were sold in Upper Darby Township; 71% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 3% 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 1 Day Ago

Newest Listings in Upper Darby Township, PA

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