Is Darby Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Darby Township has remained a Seller's Market.
Key Takeaway
Darby Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Darby Township, PA
How much do homes in Darby Township, PA cost?
Median Sold Price
$189,900
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Darby Township have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Darby Township was $189,900 in April 2024, up 1.6% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $103K | N/A |
| 2 Bedrooms | $110K | $109K | -0.9% |
| 3 Bedrooms | $189.8K | $190K | 0.1% |
| 4 Bedrooms | $219.9K | $225K | +2.3% |
| 5+ Bedrooms | $237.5K | $127.5K | -46.3% |
Summary: Darby Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 46.3%.
Median Sold Price Compared To Nearby Cities
| Sharon Hill | $167.5K | $199.5K | +19.1% |
| Collingdale | $181.3K | $198.5K | +9.5% |
| Darby Township | $187K | $189.9K | +1.6% |
| Glenolden | $225K | $225.5K | 0.2% |
| Folcroft | $210.9K | $200K | -5.2% |
Housing Supply in Darby Township, PA
How many homes are available in Darby Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 116 | 106 | -8.6% |
Summary: The Darby Township real estate market had 106 homes for sale in April 2024, a 8.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 95 | 86 | -9.5% |
| 4 Bedrooms | 10 | 12 | +20.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Darby Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 38 | 20 | -47.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Darby Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Darby Township in April 2024, down by 47.4% month-over-month. Of the 20 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 48 Days | 36 Days | -24.0% |
Summary: Homes in Darby Township had an average of 36 days on market in Apr 2024, down by 24% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Darby Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 20 homes were sold in Darby Township; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
