Is Abington, 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, Abington has remained a Seller's Market.
Key Takeaway
Abington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Abington, PA
How much do homes in Abington, PA cost?
Median Sold Price
$365,500
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Abington have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Abington was $365,500 in April 2024, up 2.3% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112K | $95K | -15.2% |
| 2 Bedrooms | $311.5K | $256.2K | -17.7% |
| 3 Bedrooms | $350K | $351K | 0.3% |
| 4 Bedrooms | $370K | $424K | +14.6% |
| 5+ Bedrooms | $452.5K | $500.5K | +10.6% |
Summary: Abington housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.2%, 2 bedroom homes decreased by 17.7%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 10.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Glenside | $394.5K | $425K | +7.7% |
| Willow Grove | $360K | $380K | +5.6% |
| Upper Dublin | $537.5K | $560.3K | +4.3% |
| Abington | $357.4K | $365.5K | +2.3% |
| Huntingdon Valley | $600.5K | $565K | -5.9% |
Housing Supply in Abington, PA
How many homes are available in Abington, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 55 | 59 | +7.3% |
Summary: The Abington real estate market had 59 homes for sale in April 2024, a 7.3% 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 | 26 | 28 | +7.7% |
| 4 Bedrooms | 18 | 20 | +11.1% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Abington 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 increased by 7.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 15 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Abington, you could pay more than the asking price. 73.3% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Abington in April 2024, down by 25.0% month-over-month. Of the 15 sold homes, 13% were sold under asking, 13% were sold at asking, and 73% were sold over asking.
Days on Market for Abington, PA
How long does it take to sell a home in Abington, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 9 Days | 8 Days | -9.4% |
Summary: Homes in Abington had an average of 8 days on market in Apr 2024, down by 9.4% compared to last year.
Breakdown of Home Sale Times
15 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 Abington are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 15 homes were sold in Abington; 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.
