Is Havertown, 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, Havertown has remained a Seller's Market.
Key Takeaway
Havertown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Havertown, PA
How much do homes in Havertown, PA cost?
Median Sold Price
$475,000
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Havertown have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Havertown was $475,000 in April 2024, up 6.1% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137.5K | $150K | +9.1% |
| 2 Bedrooms | $250K | $178K | -28.8% |
| 3 Bedrooms | $410K | $450K | +9.8% |
| 4 Bedrooms | $531.2K | $560K | +5.4% |
| 5+ Bedrooms | $632.5K | $637.5K | +0.8% |
Summary: Havertown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes decreased by 28.8%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 0.8%.
Median Sold Price Compared To Nearby Cities
| Drexel Hill | $260K | $299K | +15.0% |
| Ardmore | $450.8K | $493K | +9.3% |
| Haverford Township | $470K | $502.7K | +7.0% |
| Havertown | $447.8K | $475K | +6.1% |
| Upper Darby | $175K | $180K | +2.9% |
Housing Supply in Havertown, PA
How many homes are available in Havertown, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 76 | 91 | +19.7% |
Summary: The Havertown real estate market had 91 homes for sale in April 2024, a 19.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 36 | 34 | -5.6% |
| 4 Bedrooms | 26 | 37 | +42.3% |
| 5+ Bedrooms | 11 | 17 | +54.5% |
Summary: The Havertown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 42.3%, and 5+ bedroom homes increased by 54.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 25 | -3.8% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Havertown, you could pay more than the asking price. 64% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in Havertown in April 2024, down by 3.8% month-over-month. Of the 25 sold homes, 12% were sold under asking, 24% were sold at asking, and 64% were sold over asking.
Days on Market for Havertown, PA
How long does it take to sell a home in Havertown, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 8 Days | 9 Days | +8.3% |
Summary: Homes in Havertown had an average of 9 days on market in Apr 2024, up by 8.3% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Havertown are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 25 homes were sold in Havertown; 88% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
