Is Delaware County, 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, Delaware County has remained a Seller's Market.
Key Takeaway
Delaware County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Delaware County, PA
How much do homes in Delaware County, PA cost?
Median Sold Price
$334,571
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Delaware County have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Delaware County was $334,571 in April 2024, up 5.5% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $150K | +7.1% |
| 2 Bedrooms | $231K | $261.8K | +13.3% |
| 3 Bedrooms | $257.6K | $275.4K | +6.9% |
| 4 Bedrooms | $500.7K | $520.8K | +4.0% |
| 5+ Bedrooms | $825K | $830.5K | +0.7% |
Summary: Delaware County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 0.7%.
Median Sold Price Compared To Nearby Counties
| Gloucester County | $290.6K | $318.1K | +9.5% |
| Delaware County | $317.2K | $334.5K | +5.5% |
| New Castle County | $329.8K | $345K | +4.6% |
| Montgomery County | $409.6K | $425.2K | +3.8% |
| Philadelphia County | $269.7K | $258.6K | -4.1% |
Housing Supply in Delaware County, PA
How many homes are available in Delaware County, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1,542 | 1,652 | +7.1% |
Summary: The Delaware County real estate market had 1,652 homes for sale in April 2024, a 7.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 35 | 36 | +2.9% |
| 2 Bedrooms | 172 | 169 | -1.7% |
| 3 Bedrooms | 768 | 779 | +1.4% |
| 4 Bedrooms | 376 | 425 | +13.0% |
| 5+ Bedrooms | 191 | 243 | +27.2% |
Summary: The Delaware County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 2.9%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 27.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 456 | 417 | -8.6% |
Asking Price vs. Sold Price
117 Homes Were Sold
Under Asking
87 Homes Were Sold
At Asking
213 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Delaware County, you could pay more than the asking price. 51.1% of homes here sold above asking price last month.
Summary: A total of 417 homes were sold or pending in Delaware County in April 2024, down by 8.6% month-over-month. Of the 417 sold homes, 28% were sold under asking, 21% were sold at asking, and 51% were sold over asking.
Days on Market for Delaware County, PA
How long does it take to sell a home in Delaware County, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 25 Days | 15 Days | -37.3% |
Summary: Homes in Delaware County had an average of 15 days on market in Apr 2024, down by 37.3% compared to last year.
Breakdown of Home Sale Times
364 Homes Were Sold
Under 30 Days
38 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Delaware County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 417 homes were sold in Delaware County; 87% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.