Is Callowhill, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Callowhill was a Seller's Market.
Key Takeaway
Callowhill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Callowhill, PA
How much do homes in Callowhill, PA cost?
Median Sold Price
$297,500
$251/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Callowhill have sold for 16.7% more than they did a month ago.
Summary: The median home sold price in Callowhill was $297,500 in April 2024, up 16.7% from last month, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $257.5K | $297.5K | +15.5% |
| 2 Bedrooms | $252.8K | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Callowhill housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes increased by 15.5%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Callowhill | $255K | $297.5K | +16.7% |
| Chinatown | $355K | $296K | -16.6% |
Housing Supply in Callowhill, PA
How many homes are available in Callowhill, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Summary: The Callowhill real estate market had 19 homes for sale in April 2024, a 11.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 9 | +12.5% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Callowhill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Callowhill, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Callowhill in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Callowhill, PA
How long does it take to sell a home in Callowhill, PA?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 45 Days | 92 Days | +105.6% |
Summary: Homes in Callowhill had an average of 92 days on market in Apr 2024, up by 105.6% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Callowhill are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Callowhill; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
