$3,859 Closing Credit*
$325,000
1,564 SqFt
2 Beds
•2 Full Baths
BRIAN D. KUGLER, BROKER, Listing Office: Keystone Realty Group, Inc.
Is Derry Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Derry Township has remained a Seller's Market.
Key Takeaway
Derry Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Derry Township, PA
How much do homes in Derry Township, PA cost?
Median Sold Price
$335,666
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$14,333(-4.1%)
Key Takeaway
Homes in Derry Township have sold for 4.1% less than they did a year ago.
Summary: The median home sold price in Derry Township was $335,666 in September 2024, down 4.1% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | - | N/A |
| 2 Bedrooms | $265K | $293K | +10.6% |
| 3 Bedrooms | $317K | $325K | +2.5% |
| 4 Bedrooms | $485K | $479K | -1.2% |
| 5+ Bedrooms | $510K | $775K | +52.0% |
Summary: Derry 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 10.6%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 52%.
Median Sold Price Compared To Nearby Cities
| South Hanover Township | $300K | $412.5K | +37.5% |
| Hershey | $381K | $410K | +7.6% |
| Palmyra | $302.2K | $320K | +5.9% |
| Hummelstown | $340K | $350K | +2.9% |
| Derry Township | $350K | $335.6K | -4.1% |
Housing Supply in Derry Township, PA
How many homes are available in Derry Township, PA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 95 | 88 | -7.4% |
Summary: The Derry Township real estate market had 88 homes for sale in September 2024, a 7.4% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 17 | 16 | -5.9% |
| 3 Bedrooms | 38 | 34 | -10.5% |
| 4 Bedrooms | 29 | 32 | +10.3% |
| 5+ Bedrooms | 11 | 6 | -45.5% |
Summary: The Derry 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 decreased by 5.9%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 45.5%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 27 | 27 | 0.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Derry Township, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in Derry Township in September 2024, the same as the previous month. Of the 27 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for Derry Township, PA
How long does it take to sell a home in Derry Township, PA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 8 Days | 17 Days | +96.7% |
Summary: Homes in Derry Township had an average of 17 days on market in Sep 2024, up by 96.7% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Derry Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 27 homes were sold in Derry Township; 78% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
