Is Havertown, 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, Havertown has remained a Seller's Market.
Key Takeaway
Havertown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Havertown, PA
How much do homes in Havertown, PA cost?
Median Sold Price
$479,950
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Havertown have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Havertown was $479,950 in May 2024, up 8.2% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137.5K | $150K | +9.1% |
| 2 Bedrooms | $192.5K | $183.9K | -4.4% |
| 3 Bedrooms | $410K | $450K | +9.8% |
| 4 Bedrooms | $527.5K | $571K | +8.2% |
| 5+ Bedrooms | $627.5K | $681K | +8.5% |
Summary: Havertown housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 8.5%.
Median Sold Price Compared To Nearby Cities
| Ardmore | $440K | $499.4K | +13.5% |
| Drexel Hill | $267.5K | $301K | +12.5% |
| Haverford Township | $470K | $510K | +8.5% |
| Havertown | $443.5K | $479.9K | +8.2% |
| Upper Darby | $175K | $180K | +2.9% |
Housing Supply in Havertown, PA
How many homes are available in Havertown, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 88 | 94 | +6.8% |
Summary: The Havertown real estate market had 94 homes for sale in May 2024, a 6.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 31 | 31 | 0.0% |
| 4 Bedrooms | 35 | 37 | +5.7% |
| 5+ Bedrooms | 18 | 22 | +22.2% |
Summary: The Havertown housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 27 | 17 | -37.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Havertown, you could pay more than the asking price. 58.8% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Havertown in May 2024, down by 37.0% month-over-month. Of the 17 sold homes, 24% were sold under asking, 18% were sold at asking, and 59% were sold over asking.
Days on Market for Havertown, PA
How long does it take to sell a home in Havertown, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 5 Days | 8 Days | +57.7% |
Summary: Homes in Havertown had an average of 8 days on market in May 2024, up by 57.7% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Havertown are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 17 homes were sold in Havertown; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
