How much do homes in Lower Merion Township cost?
Median List Price
$684,950
Based on all homes listed in the last 12 months.
Difference Since February 2019
+$57,995(+9.3%)
Key Takeaway
The list price of homes in Lower Merion Township has increased by 9.3% since last year.
Housing Market Conditions
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Noteworthy Homes Listed
Median List Price By Bedroom Count
| # BEDS | Feb 2019 | Feb 2020 | % |
|---|---|---|---|
| 1 Bedroom | $122K | $143.9K | +18.0% |
| 2 Bedrooms | $229K | $217K | -5.2% |
| 3 Bedrooms | $429.5K | $439.4K | +2.3% |
| 4 Bedrooms | $695K | $725K | +4.3% |
| 5+ Bedrooms | $905K | $1.0M | +21.4% |
Median List Price Compared To Nearby Cities
| % | |
|---|---|
| Narberth | +12.6% |
| Lower Merion Township | +9.3% |
| Haverford Township | +2.9% |
| Havertown | +2.4% |
How many homes are available in Lower Merion Township?
Number of Homes For Sale
| Jan 2020 | Feb 2020 | % |
|---|---|---|
| 361 | 251 | -30.5% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2020 | Feb 2020 | % |
|---|---|---|---|
| 1 Bedroom | 18 | 13 | -27.8% |
| 2 Bedrooms | 37 | 23 | -37.8% |
| 3 Bedrooms | 58 | 44 | -24.1% |
| 4 Bedrooms | 97 | 63 | -35.1% |
| 5+ Bedrooms | 151 | 108 | -28.5% |
Asking Price vs. Sold Price
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Average Listing Age
| Feb 2019 | Feb 2020 | % |
|---|---|---|
| 82 Days | 198 Days | +140.5% |
Breakdown of Home Sale Times
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