Is Londonderry Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Londonderry Township was a Buyer's Market.
Key Takeaway
Londonderry Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Londonderry Township, PA
How much do homes in Londonderry Township, PA cost?
Median Sold Price
$523,250
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Londonderry Township have sold for 21.7% more than they did a year ago.
Summary: The median home sold price in Londonderry Township was $523,250 in April 2024, up 21.7% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $430K | N/A |
| 2 Bedrooms | $615.9K | $518.2K | -15.9% |
| 3 Bedrooms | $415.7K | $524K | +26.1% |
| 4 Bedrooms | $425K | $510K | +20.0% |
| 5+ Bedrooms | $475K | $1.3M | +178.9% |
Summary: Londonderry 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 15.9%, 3 bedroom homes increased by 26.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 178.9%.
Median Sold Price Compared To Nearby Cities
| Londonderry Township | $430K | $523.2K | +21.7% |
| Cochranville | $449.5K | $519.7K | +15.6% |
Housing Supply in Londonderry Township, PA
How many homes are available in Londonderry Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Summary: The Londonderry Township real estate market had 11 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Londonderry Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Londonderry Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Londonderry Township in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 3 Days | 132 Days | +4322.2% |
Summary: Homes in Londonderry Township had an average of 132 days on market in Apr 2024, up by 4322.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Londonderry Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 3 homes were sold in Londonderry Township; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
