Is Kingsessing, 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, Kingsessing has remained a Neutral Market.
Housing Prices in Kingsessing, PA
How much do homes in Kingsessing, PA cost?
Median Sold Price
$130,250
$104/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kingsessing was $130,250 in April 2024, down 10.2% from last year, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $139K | $75K | -46.0% |
3 Bedrooms | $128.5K | $120K | -6.6% |
4 Bedrooms | $193.9K | $183.6K | -5.3% |
5+ Bedrooms | $352.5K | $175K | -50.4% |
Summary: Kingsessing 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 decreased by 46%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 50.4%.
Median Sold Price Compared To Nearby Neighborhoods
Cedar Park | $405K | $425K | +4.9% |
Cobbs Creek | $150K | $155K | +3.3% |
Kingsessing | $145K | $130.2K | -10.2% |
Housing Supply in Kingsessing, PA
How many homes are available in Kingsessing, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
103 | 98 | -4.9% |
Summary: The Kingsessing real estate market had 98 homes for sale in April 2024, a 4.9% 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 | 6 | 4 | -33.3% |
3 Bedrooms | 74 | 71 | -4.1% |
4 Bedrooms | 20 | 19 | -5.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Kingsessing 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 33.3%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 15 | +25.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Kingsessing in April 2024, up by 25.0% month-over-month. Of the 15 sold homes, 53% were sold under asking, 27% were sold at asking, and 20% were sold over asking.
Days on Market for Kingsessing, PA
How long does it take to sell a home in Kingsessing, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 54 Days | +4.9% |
Summary: Homes in Kingsessing had an average of 54 days on market in Apr 2024, up by 4.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Kingsessing; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.