Is Blandon, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Blandon has remained a Seller's Market.
Key Takeaway
Blandon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Blandon, PA
How much do homes in Blandon, PA cost?
Median Sold Price
$322,500
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Blandon have sold for 2.3% less than they did a year ago.
Summary: The median home sold price in Blandon was $322,500 in March 2024, down 2.3% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | - | N/A |
| 2 Bedrooms | $139.9K | $240K | +71.6% |
| 3 Bedrooms | $265K | $275K | +3.8% |
| 4 Bedrooms | $360K | $396K | +10.0% |
| 5+ Bedrooms | $399K | $509.9K | +27.8% |
Summary: Blandon housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 71.6%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 27.8%.
Median Sold Price Compared To Nearby Cities
| Temple | $229.9K | $245K | +6.6% |
| Ontelaunee Township | $341.1K | $358.9K | +5.2% |
| Blandon | $330K | $322.5K | -2.3% |
| Maidencreek Township | $330K | $320K | -3.0% |
Housing Supply in Blandon, PA
How many homes are available in Blandon, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Summary: The Blandon real estate market had 9 homes for sale in March 2024, a 25.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Blandon housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Blandon, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Blandon in March 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Blandon, PA
How long does it take to sell a home in Blandon, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 6 Days | 5 Days | -21.1% |
Summary: Homes in Blandon had an average of 5 days on market in Mar 2024, down by 21.1% compared to last year.
Breakdown of Home Sale Times
3 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 Blandon are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Blandon; 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.
