Is Roxborough, 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, Roxborough has remained a Seller's Market.
Key Takeaway
Roxborough is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Roxborough, PA
How much do homes in Roxborough, PA cost?
Median Sold Price
$360,000
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Roxborough have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Roxborough was $360,000 in April 2024, up 2.9% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $149.9K | N/A |
| 2 Bedrooms | $262.5K | $272.5K | +3.8% |
| 3 Bedrooms | $350K | $369.5K | +5.6% |
| 4 Bedrooms | $405K | $427K | +5.4% |
| 5+ Bedrooms | $480K | $625K | +30.2% |
Summary: Roxborough 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 increased by 3.8%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 30.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Manayunk | $322.5K | $340.6K | +5.6% |
| Andorra | $405K | $425K | +4.9% |
| Roxborough | $350K | $360K | +2.9% |
| Roxborough / Manayunk | $339.9K | $350K | +2.9% |
Housing Supply in Roxborough, PA
How many homes are available in Roxborough, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 71 | 91 | +28.2% |
Summary: The Roxborough real estate market had 91 homes for sale in April 2024, a 28.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 41 | 47 | +14.6% |
| 4 Bedrooms | 15 | 25 | +66.7% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Roxborough housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 20 | +17.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Roxborough, you could pay more than the asking price. 45% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in Roxborough in April 2024, up by 17.6% month-over-month. Of the 20 sold homes, 35% were sold under asking, 20% were sold at asking, and 45% were sold over asking.
Days on Market for Roxborough, PA
How long does it take to sell a home in Roxborough, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 34 Days | 22 Days | -33.7% |
Summary: Homes in Roxborough had an average of 22 days on market in Apr 2024, down by 33.7% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Roxborough are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 20 homes were sold in Roxborough; 75% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
