Is Glenside, 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, Glenside has remained a Seller's Market.
Key Takeaway
Glenside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Glenside, PA
How much do homes in Glenside, PA cost?
Median Sold Price
$425,000
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Glenside have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Glenside was $425,000 in April 2024, up 7.7% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $126K | N/A |
| 2 Bedrooms | $287.5K | $315K | +9.6% |
| 3 Bedrooms | $370K | $407K | +10.0% |
| 4 Bedrooms | $460K | $485K | +5.4% |
| 5+ Bedrooms | $500K | $560K | +12.0% |
Summary: Glenside housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 12%.
Median Sold Price Compared To Nearby Neighborhoods
| Glenside | $394.5K | $425K | +7.7% |
| Oreland | $404.4K | $422.5K | +4.5% |
| Abington | $357.4K | $365.5K | +2.3% |
| Wyncote | $410K | $410K | 0.0% |
| Wyndmoor | $472.5K | $462.5K | -2.1% |
Housing Supply in Glenside, PA
How many homes are available in Glenside, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 42 | 37 | -11.9% |
Summary: The Glenside real estate market had 37 homes for sale in April 2024, a 11.9% decrease 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 | 0 | -100.0% |
| 3 Bedrooms | 19 | 16 | -15.8% |
| 4 Bedrooms | 14 | 11 | -21.4% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Glenside 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 decreased by 100%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glenside, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Glenside in April 2024, the same as the previous month. Of the 15 sold homes, 27% were sold under asking, 7% were sold at asking, and 67% were sold over asking.
Days on Market for Glenside, PA
How long does it take to sell a home in Glenside, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 8 Days | 15 Days | +76.3% |
Summary: Homes in Glenside had an average of 15 days on market in Apr 2024, up by 76.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Glenside are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 15 homes were sold in Glenside; 87% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
