Is Essington, 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, Essington has remained a Buyer's Market.
Housing Prices in Essington, PA
How much do homes in Essington, PA cost?
Median Sold Price
$245,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Essington was $245,000 in March 2024, up 8.9% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $182.5K | $221K | +21.1% |
3 Bedrooms | $222.4K | $245K | +10.1% |
4 Bedrooms | $315K | $265.5K | -15.7% |
5+ Bedrooms | - | $140K | N/A |
Summary: Essington 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 21.1%, 3 bedroom homes increased by 10.1%, 4 bedroom homes decreased by 15.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Greenwich Township | $253K | $284.9K | +12.6% |
Essington | $225K | $245K | +8.9% |
Tinicum Township | $225K | $245K | +8.9% |
Prospect Park | $261K | $283.2K | +8.5% |
Ridley Township | $282.9K | $300K | +6.0% |
Housing Supply in Essington, PA
How many homes are available in Essington, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 21 | +5.0% |
Summary: The Essington real estate market had 21 homes for sale in March 2024, a 5.0% increase 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 | 3 | 0.0% |
3 Bedrooms | 10 | 9 | -10.0% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Essington 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 remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Essington in March 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Essington, PA
How long does it take to sell a home in Essington, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
5 Days | 30 Days | +500.0% |
Summary: Homes in Essington had an average of 30 days on market in Mar 2024, up by 500% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Essington; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.