Is Londonderry Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Londonderry Township was a Seller's Market.
Key Takeaway
Londonderry 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 Londonderry Township, PA
How much do homes in Londonderry Township, PA cost?
Median Sold Price
$526,000
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Londonderry Township have sold for 23% more than they did a year ago.
Summary: The median home sold price in Londonderry Township was $526,000 in March 2024, up 23% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $430K | N/A |
| 2 Bedrooms | $455.4K | $533.9K | +17.2% |
| 3 Bedrooms | $410.7K | $553K | +34.6% |
| 4 Bedrooms | $430K | $510K | +18.6% |
| 5+ Bedrooms | $475K | $1.3M | +178.9% |
Summary: Londonderry Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.2%, 3 bedroom homes increased by 34.6%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes increased by 178.9%.
Median Sold Price Compared To Nearby Cities
| Londonderry Township | $427.5K | $526K | +23.0% |
| Cochranville | $435.7K | $525.4K | +20.6% |
Housing Supply in Londonderry Township, PA
How many homes are available in Londonderry Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Summary: The Londonderry Township real estate market had 14 homes for sale in March 2024, a 6.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Londonderry Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Londonderry Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Londonderry Township in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Londonderry Township, PA
How long does it take to sell a home in Londonderry Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 10 Days | 32 Days | +225.0% |
Summary: Homes in Londonderry Township had an average of 32 days on market in Mar 2024, up by 225% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Londonderry Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Londonderry Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
