Is Derry, PA 15627 a buyer’s or seller’s market?
Derry is a seller’s market. With about 2.5 months of supply and 21% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Derry housing market right now
In the three months ending August 31, 2026, 21% of homes in Derry, PA 15627 sold above their list price, the typical home went under contract in 51 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 32%, homes sold faster (55 days then) and the median sale price rose 44% to $212,408. Overall, Derry is less competitive than a year ago, which gives buyers more room.
Within Westmoreland County, homes here sell more slowly than in 56% of the county’s ZIP codes, and sell more often over asking than in 51%.
Nearby, buyers who want less competition could look at Yukon 15698 (0% sold over asking) or Westmoreland City 15692 (0% sold over asking), while Bolivar 15923 (100% sold over asking) and Ruffs Dale 15679 (67% sold over asking) are even more competitive.
Run the numbers for 15627
Nearby markets
Acme 15610Seller’s market $102 /sq ftAdamsburg 15611 — /sq ftAlverton 15612 — /sq ftApollo 15613Seller’s market $170 /sq ft Browse all markets →Towns like Derry nearby
Find towns like Derry in other states →Where Derry is
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Questions about Derry real estate
Is Derry a buyer’s or seller’s market?
A seller’s market: there were 2.5 months of supply in Derry, PA 15627 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Derry?
The typical home went under contract in 51 days in the latest three months.
Do homes in Derry sell over asking?
21% of homes sold above their original list price, and the typical sale closed at 98.1% of the list price.
What are property taxes in Derry?
About 1.23% of a home’s value a year in Westmoreland County, or roughly $4,920 on a $400,000 home.
What is the median home price in Derry?
The median sale price was $212,408 in the three months ending August 31, 2026, about $164 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology