Is Darby Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Darby Township has remained a Seller's Market.
Housing Prices in Darby Township, PA
How much do homes in Darby Township, PA cost?
Median Sold Price
$188,200
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Darby Township was $188,200 in May 2024, down 0.5% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $103K | N/A |
2 Bedrooms | $117K | $105K | -10.3% |
3 Bedrooms | $189.9K | $190K | 0.0% |
4 Bedrooms | $217.9K | $225K | +3.2% |
5+ Bedrooms | $237.5K | $127.5K | -46.3% |
Summary: Darby Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.3%, 3 bedroom homes did not change, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 46.3%.
Median Sold Price Compared To Nearby Cities
Sharon Hill | $170K | $197.5K | +16.2% |
Collingdale | $185.7K | $198.5K | +6.9% |
Glenolden | $221.2K | $228K | +3.1% |
Darby Township | $189K | $188.2K | -0.5% |
Folcroft | $211.9K | $200K | -5.6% |
Housing Supply in Darby Township, PA
How many homes are available in Darby Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
112 | 105 | -6.3% |
Summary: The Darby Township real estate market had 105 homes for sale in May 2024, a 6.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 8 | -11.1% |
3 Bedrooms | 89 | 82 | -7.9% |
4 Bedrooms | 12 | 12 | 0.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Darby Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 21 | -4.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Darby Township in May 2024, down by 4.5% month-over-month. Of the 21 sold homes, 38% were sold under asking, 24% were sold at asking, and 38% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
18 Days | 22 Days | +21.2% |
Summary: Homes in Darby Township had an average of 22 days on market in May 2024, up by 21.2% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 21 homes were sold in Darby Township; 81% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.