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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Upper Darby is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Upper Darby, PA

How much do homes in Upper Darby, PA cost?

Median Sold Price

$190,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$12,333(+6.9%)

Key Takeaway

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

Summary: The median home sold price in Upper Darby was $190,000 in September 2024, up 6.9% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $68.5K$96K
+40.1%
2 $120K$117K
-2.5%
3 $177K$190K
+7.3%
4 $232.5K$242.5K
+4.3%
5+ $290.5K$362.5K
+24.8%

Summary: Upper Darby housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.1%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 24.8%.

Median Sold Price Compared To Nearby Cities

East Lansdowne
+10.1%
Upper Darby
+6.9%
Drexel Hill
+6.0%
Upper Darby Township
+5.2%

Housing Supply in Upper Darby, PA

How many homes are available in Upper Darby, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
116122+5.2%

Summary: The Upper Darby real estate market had 122 homes for sale in September 2024, a 5.2% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 1819
+5.6%
3 7079
+12.9%
4 1914
-26.3%
5+ 910
+11.1%

Summary: The Upper Darby 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 increased by 5.6%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 26.3%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2521-16.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Upper Darby, you could pay more than the asking price. 47.6% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in Upper Darby in September 2024, down by 16.0% month-over-month. Of the 21 sold homes, 24% were sold under asking, 29% were sold at asking, and 48% were sold over asking.

Days on Market for Upper Darby, PA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
37 Days17 Days-53.9%

Summary: Homes in Upper Darby had an average of 17 days on market in Sep 2024, down by 53.9% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

2 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 are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 21 homes were sold in Upper Darby; 86% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 5% 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 Sep 1, 2024

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