Is Abington 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, Abington Township has remained a Seller's Market.
Key Takeaway
Abington Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Abington Township, PA
How much do homes in Abington Township, PA cost?
Median Sold Price
$381,500
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Abington Township have sold for 6% more than they did a year ago.
Summary: The median home sold price in Abington Township was $381,500 in April 2024, up 6% 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 | - | $230K | N/A |
| 3 Bedrooms | $351K | $352.5K | 0.4% |
| 4 Bedrooms | $406.8K | $460K | +13.1% |
| 5+ Bedrooms | $362.5K | $500.5K | +38.1% |
Summary: Abington Township 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 did not change, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes increased by 38.1%.
Housing Supply in Abington Township, PA
How many homes are available in Abington Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 36 | 40 | +11.1% |
Summary: The Abington Township real estate market had 40 homes for sale in April 2024, a 11.1% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 19 | 19 | 0.0% |
| 4 Bedrooms | 11 | 15 | +36.4% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Abington 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 remained the same, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Abington Township, you could pay more than the asking price. 70% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Abington Township in April 2024, down by 23.1% month-over-month. Of the 10 sold homes, 20% were sold under asking, 10% were sold at asking, and 70% were sold over asking.
Days on Market for Abington Township, PA
How long does it take to sell a home in Abington Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 10 Days | 6 Days | -32.7% |
Summary: Homes in Abington Township had an average of 6 days on market in Apr 2024, down by 32.7% compared to last year.
Breakdown of Home Sale Times
10 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 Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Abington Township; 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.
