Is Glenolden, 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, Glenolden has remained a Seller's Market.
Key Takeaway
Glenolden is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Glenolden, PA
How much do homes in Glenolden, PA cost?
Median Sold Price
$225,000
$179/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since March 2023.
Key Takeaway
The sold price of homes in Glenolden has remained the same since last year.
Summary: The median home sold price in Glenolden was $225,000 in March 2024, the same as last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $67K | $101.5K | +51.5% |
| 2 Bedrooms | $101K | $154K | +52.3% |
| 3 Bedrooms | $225K | $225K | 0.0% |
| 4 Bedrooms | $270K | $260K | -3.7% |
| 5+ Bedrooms | $430K | $334.9K | -22.1% |
Summary: Glenolden housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51.5%, 2 bedroom homes increased by 52.3%, 3 bedroom homes did not change, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 22.1%.
Median Sold Price Compared To Nearby Cities
| Collingdale | $185K | $198.5K | +7.3% |
| Darby Township | $189K | $190K | 0.5% |
| Glenolden | $225K | $225K | 0.0% |
| Folcroft | $207.2K | $200K | -3.5% |
| Norwood | $253.5K | $240K | -5.3% |
Housing Supply in Glenolden, PA
How many homes are available in Glenolden, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 56 | 65 | +16.1% |
Summary: The Glenolden real estate market had 65 homes for sale in March 2024, a 16.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 4 | 7 | +75.0% |
| 3 Bedrooms | 42 | 47 | +11.9% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Glenolden housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 17 | +183.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glenolden, you could pay more than the asking price. 52.9% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Glenolden in March 2024, up by 183.3% month-over-month. Of the 17 sold homes, 29% were sold under asking, 18% were sold at asking, and 53% were sold over asking.
Days on Market for Glenolden, PA
How long does it take to sell a home in Glenolden, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 23 Days | 21 Days | -6.6% |
Summary: Homes in Glenolden had an average of 21 days on market in Mar 2024, down by 6.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Glenolden are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 17 homes were sold in Glenolden; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
