Is Lansdowne, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Lansdowne has remained a Buyer's Market.
Housing Prices in Lansdowne, PA
How much do homes in Lansdowne, PA cost?
Median Sold Price
$225,250
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lansdowne was $225,250 in March 2024, down 12.3% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $92K | $105K | +14.1% |
2 Bedrooms | $126.9K | $156.1K | +23.0% |
3 Bedrooms | $232.5K | $214K | -8.0% |
4 Bedrooms | $310K | $253.5K | -18.2% |
5+ Bedrooms | $314.9K | $325K | +3.2% |
Summary: Lansdowne housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.1%, 2 bedroom homes increased by 23%, 3 bedroom homes decreased by 8%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Cities
Drexel Hill | $255K | $299K | +17.3% |
Upper Darby Township | $220K | $234.9K | +6.8% |
Clifton Heights | $205K | $216K | +5.4% |
Yeadon | $212.5K | $215K | +1.2% |
Lansdowne | $256.9K | $225.2K | -12.3% |
Housing Supply in Lansdowne, PA
How many homes are available in Lansdowne, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
131 | 148 | +13.0% |
Summary: The Lansdowne real estate market had 148 homes for sale in March 2024, a 13.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 74 | 88 | +18.9% |
4 Bedrooms | 30 | 30 | 0.0% |
5+ Bedrooms | 22 | 24 | +9.1% |
Summary: The Lansdowne housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 18 | +80.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Lansdowne in March 2024, up by 80.0% month-over-month. Of the 18 sold homes, 39% were sold under asking, 22% were sold at asking, and 39% were sold over asking.
Days on Market for Lansdowne, PA
How long does it take to sell a home in Lansdowne, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
54 Days | 18 Days | -65.9% |
Summary: Homes in Lansdowne had an average of 18 days on market in Mar 2024, down by 65.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 18 homes were sold in Lansdowne; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.