Is Marple Township, 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, Marple Township has remained a Seller's Market.
Housing Prices in Marple Township, PA
How much do homes in Marple Township, PA cost?
Median Sold Price
$525,000
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Marple Township was $525,000 in April 2024, up 14.4% from last year, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | - | N/A |
2 Bedrooms | $230K | $320K | +39.1% |
3 Bedrooms | $450K | $500K | +11.1% |
4 Bedrooms | $535K | $640K | +19.6% |
5+ Bedrooms | $647K | $801K | +23.8% |
Summary: Marple 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 increased by 39.1%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes increased by 23.8%.
Median Sold Price Compared To Nearby Cities
Broomall | $451.3K | $522.5K | +15.8% |
Marple Township | $459K | $525K | +14.4% |
Springfield | $425K | $459.6K | +8.2% |
Newtown Township | $650K | $656.5K | +1.0% |
Upper Providence Township | $712K | $625K | -12.2% |
Housing Supply in Marple Township, PA
How many homes are available in Marple Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
51 | 52 | +2.0% |
Summary: The Marple Township real estate market had 52 homes for sale in April 2024, a 2.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 24 | 23 | -4.2% |
4 Bedrooms | 16 | 13 | -18.8% |
5+ Bedrooms | 8 | 13 | +62.5% |
Summary: The Marple 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 remained the same, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes increased by 62.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 15 | +15.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Marple Township in April 2024, up by 15.4% month-over-month. Of the 15 sold homes, 20% were sold under asking, 27% were sold at asking, and 53% were sold over asking.
Days on Market for Marple Township, PA
How long does it take to sell a home in Marple Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 18 Days | -38.9% |
Summary: Homes in Marple Township had an average of 18 days on market in Apr 2024, down by 38.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Marple Township; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.