Is Jenkintown, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2022
Since last year, Jenkintown has remained a Seller's Market.
Key Takeaway
Jenkintown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Jenkintown, PA cost?
Median Sold Price
$362,666
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2022
+$102,666(+39.5%)
Key Takeaway
Homes in Jenkintown have sold for 39.5% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Apr 2022 | Apr 2023 | % |
|---|---|---|---|
| 1 Bedroom | $135K | $146.2K | +8.3% |
| 2 Bedrooms | $167K | $189K | +13.2% |
| 3 Bedrooms | $272.5K | $312.5K | +14.7% |
| 4 Bedrooms | $382.5K | $575K | +50.3% |
| 5+ Bedrooms | $503K | $786K | +56.3% |
Median Sold Price Compared To Nearby Cities
| Jenkintown | $260K | $362.6K | +39.5% |
| Abington Township | $360K | $387K | +7.5% |
How many homes are available in Jenkintown, PA?
Number of Homes For Sale
| Mar 2023 | Apr 2023 | % |
|---|---|---|
| 43 | 60 | +39.5% |
Homes For Sale By Bedroom Count
| # BEDS | Mar 2023 | Apr 2023 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 19 | 23 | +21.1% |
| 4 Bedrooms | 6 | 10 | +66.7% |
| 5+ Bedrooms | 12 | 18 | +50.0% |
Number of Homes Sold
| Mar 2023 | Apr 2023 | % |
|---|---|---|
| 6 | 13 | +116.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jenkintown, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Average Sale Time
| Apr 2022 | Apr 2023 | % |
|---|---|---|
| 8 Days | 27 Days | +247.1% |
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jenkintown are selling fast, if you're buying plan to act quickly.
