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 neutral's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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 Darby Township, PA

How much do homes in Darby Township, PA cost?

Median Sold Price

$190,750

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$750(+0.4%)

Key Takeaway

The sold price of homes in Darby Township has remained the same since last year.

Summary: The median home sold price in Darby Township was $190,750 in September 2024, up 0.4% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $103K-
N/A
2 $97.2K$112K
+15.2%
3 $190K$192.2K
+1.2%
4 $217.9K$232K
+6.4%
5+ $140K$187K
+33.6%

Summary: Darby Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 33.6%.

Median Sold Price Compared To Nearby Cities

Sharon Hill
+8.1%
Glenolden
+3.6%
Collingdale
+2.2%
Darby Township
0.4%
Folcroft
-4.8%

Housing Supply in Darby Township, PA

How many homes are available in Darby Township, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
9698+2.1%

Summary: The Darby Township real estate market had 98 homes for sale in September 2024, a 2.1% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 55
0.0%
3 6971
+2.9%
4 1718
+5.9%
5+ 54
-20.0%

Summary: The Darby Township housing inventory by bedroom type for September 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 2.9%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
3114-54.8%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

9 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. 64.3% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in Darby Township in September 2024, down by 54.8% month-over-month. Of the 14 sold homes, 7% were sold under asking, 29% were sold at asking, and 64% were sold over asking.

Days on Market for Darby Township, PA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
28 Days22 Days-21.8%

Summary: Homes in Darby Township had an average of 22 days on market in Sep 2024, down by 21.8% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

3 Homes Were 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.

Summary: During September 2024, 14 homes were sold in Darby Township; 79% of homes were sold within 30 days, 21% 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 30 Days Ago

Newest Listings in Darby Township, PA

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