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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Upper Darby Township is a neutral's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

Upper 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 Upper Darby Township, PA

How much do homes in Upper Darby Township, PA cost?

Median Sold Price

$234,996

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$14,996(+6.8%)

Key Takeaway

Homes in Upper Darby Township have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in Upper Darby Township was $234,996 in March 2024, up 6.8% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$90K
N/A
2 $125K$127K
+1.6%
3 $205K$215K
+4.9%
4 $290K$325.1K
+12.1%
5+ $373.5K$407K
+9.0%

Summary: Upper Darby 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 1.6%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 9%.

Median Sold Price Compared To Nearby Cities

Drexel Hill
+17.3%
Upper Darby Township
+6.8%
Upper Darby
+2.8%
Lansdowne
-12.3%

Housing Supply in Upper Darby Township, PA

How many homes are available in Upper Darby Township, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
341361+5.9%

Summary: The Upper Darby Township real estate market had 361 homes for sale in March 2024, a 5.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 3938
-2.6%
3 186205
+10.2%
4 6869
+1.5%
5+ 4647
+2.2%

Summary: The Upper Darby 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 decreased by 2.6%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 2.2%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4354+25.6%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Upper Darby Township, you could pay more than the asking price. 40.7% of homes here sold above asking price last month.

Summary: A total of 54 homes were sold or pending in Upper Darby Township in March 2024, up by 25.6% month-over-month. Of the 54 sold homes, 31% were sold under asking, 28% were sold at asking, and 41% were sold over asking.

Days on Market for Upper Darby Township, PA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
20 Days16 Days-22.2%

Summary: Homes in Upper Darby Township had an average of 16 days on market in Mar 2024, down by 22.2% compared to last year.

Breakdown of Home Sale Times

43 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 54 homes were sold in Upper Darby Township; 80% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 4% 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 11 Days Ago

Newest Listings in Upper Darby Township, PA

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