Is Havertown, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Havertown is a seller's market

Buyer's
Market

Difference Since August 2021

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.

How much do homes in Havertown, PA cost?

Median Sold Price

$425,000

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$37,100(+9.6%)

Key Takeaway

Homes in Havertown have sold for 9.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $85K-
N/A
2 $165.5K$170K
+2.7%
3 $358.7K$400K
+11.5%
4 $459K$505K
+10.0%
5+ $617.5K$552.5K
-10.5%

Median Sold Price Compared To Nearby Cities

Upper Darby
+19.6%
Drexel Hill
+15.6%
Havertown
+9.6%
Haverford Township
+4.1%
Ardmore
-1.2%

How many homes are available in Havertown, PA?

Number of Homes For Sale

Jul 2022Aug 2022%
74111+50.0%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 01
+100.0%
2 37
+133.3%
3 3856
+47.4%
4 2840
+42.9%
5+ 57
+40.0%

Number of Homes Sold

Jul 2022Aug 2022%
244+2100.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Havertown, you could pay more than the asking price. 52.3% of homes here sold above asking price last month.

Average Sale Time

Aug 2021Aug 2022%
9 Days12 Days+37.5%

Breakdown of Home Sale Times

38 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Havertown are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Havertown, PA

Havertown, PA has 111 homes for sale to choose from. The number of listings in Havertown, PA increased by 50% between July 2022 and August 2022. While the average time on the market in August 2022 was 12 days, the median list price was $425,000. Listing prices have changed in this real estate market between July 2022 and August 2022: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties went up by 2.7%, prices of 3 bedrooms properties went up by 11.5%, the cost of 4 bedrooms properties went up by 10%, prices of 5 bedrooms properties went down by 10.5%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes became 100% more available, 2 bedrooms homes inventory increased by 133.3%, volume of 3 bedrooms homes went up by 47.4%, volume of 4 bedrooms homes went up by 42.9%, volume of 5 bedrooms homes went up by 40%. In August 2022, from all listings sold in Havertown, PA there were more than 23 sold above asking price, over 13 sold below and more than 8 were sold right at the asked price.

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