Is Parkside, 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, Parkside was a Seller's Market.
Key Takeaway
Parkside 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 Parkside, PA
How much do homes in Parkside, PA cost?
Median Sold Price
$155,000
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Parkside have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in Parkside was $155,000 in April 2024, up 13.6% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $112K | $81.5K | -27.2% |
| 3 Bedrooms | $137K | $178.4K | +30.2% |
| 4 Bedrooms | $140K | $202.5K | +44.6% |
| 5+ Bedrooms | $162.5K | $145K | -10.8% |
Summary: Parkside 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 27.2%, 3 bedroom homes increased by 30.2%, 4 bedroom homes increased by 44.6%, and 5+ bedroom homes decreased by 10.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Parkside | $136.5K | $155K | +13.6% |
| Wynnefield | $249.9K | $242.5K | -3.0% |
| West Philadelphia | $188K | $175.1K | -6.9% |
Housing Supply in Parkside, PA
How many homes are available in Parkside, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Summary: The Parkside real estate market had 13 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Parkside 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 remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Parkside, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Parkside in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Parkside, PA
How long does it take to sell a home in Parkside, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 79 Days | 86 Days | +9.3% |
Summary: Homes in Parkside had an average of 86 days on market in Apr 2024, up by 9.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Parkside has remained consistent over time.
Summary: During April 2024, 2 homes were sold in Parkside; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
