Is Upper Darby, 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, 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
$180,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Upper Darby have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Upper Darby was $180,000 in April 2024, up 2.9% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $90K | N/A |
| 2 Bedrooms | $113.3K | $106.2K | -6.2% |
| 3 Bedrooms | $175K | $180K | +2.9% |
| 4 Bedrooms | $242K | $240K | -0.8% |
| 5+ Bedrooms | $290K | $330K | +13.8% |
Summary: Upper Darby 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 6.2%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 13.8%.
Median Sold Price Compared To Nearby Cities
| Drexel Hill | $260K | $299K | +15.0% |
| Upper Darby Township | $220K | $237.4K | +7.9% |
| Upper Darby | $175K | $180K | +2.9% |
Housing Supply in Upper Darby, PA
How many homes are available in Upper Darby, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 91 | 93 | +2.2% |
Summary: The Upper Darby real estate market had 93 homes for sale in April 2024, a 2.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 12 | 17 | +41.7% |
| 3 Bedrooms | 59 | 55 | -6.8% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Upper Darby 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 increased by 41.7%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 26 | +13.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Upper Darby, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Upper Darby in April 2024, up by 13.0% month-over-month. Of the 26 sold homes, 38% were sold under asking, 27% were sold at asking, and 35% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 29 Days | 25 Days | -13.8% |
Summary: Homes in Upper Darby had an average of 25 days on market in Apr 2024, down by 13.8% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Upper Darby are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 26 homes were sold in Upper Darby; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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