Is Huntingdon Valley, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Huntingdon Valley was a Seller's Market.
Key Takeaway
Huntingdon Valley is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Huntingdon Valley, PA
How much do homes in Huntingdon Valley, PA cost?
Median Sold Price
$565,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Huntingdon Valley have sold for 5.9% less than they did a year ago.
Summary: The median home sold price in Huntingdon Valley was $565,000 in April 2024, down 5.9% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $285K | N/A |
| 2 Bedrooms | $360K | $362.4K | +0.7% |
| 3 Bedrooms | $480K | $500K | +4.2% |
| 4 Bedrooms | $631K | $662.5K | +5.0% |
| 5+ Bedrooms | $757.5K | $710K | -6.3% |
Summary: Huntingdon Valley 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 0.7%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 6.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Willow Grove | $360K | $380K | +5.6% |
| Abington | $357.4K | $365.5K | +2.3% |
| Huntingdon Valley | $600.5K | $565K | -5.9% |
Housing Supply in Huntingdon Valley, PA
How many homes are available in Huntingdon Valley, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 54 | 72 | +33.3% |
Summary: The Huntingdon Valley real estate market had 72 homes for sale in April 2024, a 33.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 16 | 13 | -18.8% |
| 4 Bedrooms | 20 | 32 | +60.0% |
| 5+ Bedrooms | 10 | 16 | +60.0% |
Summary: The Huntingdon Valley 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 increased by 50%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Huntingdon Valley, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Huntingdon Valley in April 2024, up by 22.2% month-over-month. Of the 11 sold homes, 27% were sold under asking, 9% were sold at asking, and 64% were sold over asking.
Days on Market for Huntingdon Valley, PA
How long does it take to sell a home in Huntingdon Valley, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 28 Days | 29 Days | +3.8% |
Summary: Homes in Huntingdon Valley had an average of 29 days on market in Apr 2024, up by 3.8% compared to last year.
Breakdown of Home Sale Times
9 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 Huntingdon Valley are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 11 homes were sold in Huntingdon Valley; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
