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 seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Upper Darby Township has remained a Seller's Market.

Key Takeaway

Upper Darby Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Upper Darby Township, PA

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

Median Sold Price

$237,456

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$17,455(+7.9%)

Key Takeaway

Homes in Upper Darby Township have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in Upper Darby Township was $237,456 in April 2024, up 7.9% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$90K
N/A
2 $125K$124.5K
-0.4%
3 $205K$217.6K
+6.2%
4 $309.5K$320K
+3.4%
5+ $377.5K$415K
+9.9%

Summary: Upper 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 0.4%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 9.9%.

Median Sold Price Compared To Nearby Cities

Drexel Hill
+15.0%
Upper Darby Township
+7.9%
Upper Darby
+2.9%
Lansdowne
-8.5%

Housing Supply in Upper Darby Township, PA

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

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2042050.5%

Summary: The Upper Darby Township real estate market had 205 homes for sale in April 2024, a 0.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 1623
+43.8%
3 126120
-4.8%
4 3836
-5.3%
5+ 2224
+9.1%

Summary: The Upper 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 increased by 43.8%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
6063+5.0%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

27 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. 42.9% of homes here sold above asking price last month.

Summary: A total of 63 homes were sold or pending in Upper Darby Township in April 2024, up by 5.0% month-over-month. Of the 63 sold homes, 32% were sold under asking, 25% were sold at asking, and 43% 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

Apr 2023Apr 2024CHANGE
25 Days18 Days-24.8%

Summary: Homes in Upper Darby Township had an average of 18 days on market in Apr 2024, down by 24.8% compared to last year.

Breakdown of Home Sale Times

52 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

3 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 April 2024, 63 homes were sold in Upper Darby Township; 83% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 5% 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 17 Days Ago

Newest Listings in Upper Darby Township, PA

Nearby Markets to Upper Darby Township, PA

What housing markets are near Upper Darby Township, PA?