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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Darby Township is a seller's market

Buyer's
Market

Difference Since August 2021

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

Key Takeaway

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

How much do homes in Darby Township, PA cost?

Median Sold Price

$190,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$18,200(+10.6%)

Key Takeaway

Homes in Darby Township have sold for 10.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 --
N/A
2 $126.2K$80K
-36.6%
3 $172K$192K
+11.6%
4 $191.8K$224.5K
+17.0%
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Folcroft
+23.3%
Glenolden
+14.3%
Collingdale
+13.3%
Darby Township
+10.6%
Sharon Hill
+2.8%

How many homes are available in Darby Township, PA?

Number of Homes For Sale

Jul 2022Aug 2022%
4150+22.0%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 42
-50.0%
3 3342
+27.3%
4 35
+66.7%
5+ 11
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
221+950.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Darby Township, you could pay more than the asking price. 52.4% of homes here sold above asking price last month.

Average Sale Time

Aug 2021Aug 2022%
9 Days10 Days+5.9%

Breakdown of Home Sale Times

20 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

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Darby Township, PA

Homes for sale in Darby Township, PA have reached 50. The number of listings in Darby Township, PA increased by 22% between July 2022 and August 2022. Listings spent 10 days on the market in August 2022, and had a median list price of $190,000 during the same period. This housing market listing prices have changed between July 2022 and August 2022: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went down by 36.6%, 3 bedrooms properties prices increased by 11.6%, 4 bedrooms properties prices increased by 17%, prices of 5 bedrooms properties increased by 0%. Volume of homes for sale changed: 1 bedroom homes did not move, the quantity of 2 bedrooms homes went down by 50%, the quantity of 3 bedrooms homes went up by 27.3%, 4 bedrooms homes inventory increased by 66.7%, volume of 5 bedrooms homes stayed the same. While more than 11 listings in Darby Township, PA in August 2022 were sold above asking price, there were more than 6 listings sold at asking price, and more than 4 were sold below.

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