Is Sharon Hill, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sharon Hill is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Sharon Hill has remained a Seller's Market.

Key Takeaway

Sharon Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sharon Hill, PA

How much do homes in Sharon Hill, PA cost?

Median Sold Price

$200,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$15,000(+8.1%)

Key Takeaway

Homes in Sharon Hill have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in Sharon Hill was $200,000 in September 2024, up 8.1% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $103K-
N/A
2 $93K$107.5K
+15.6%
3 $188.5K$200K
+6.1%
4 $223K$210K
-5.8%
5+ $193.5K$270K
+39.5%

Summary: Sharon Hill housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes increased by 39.5%.

Median Sold Price Compared To Nearby Cities

Sharon Hill
+8.1%
Darby
+3.6%
Collingdale
+2.2%
Darby Township
0.4%

Housing Supply in Sharon Hill, PA

How many homes are available in Sharon Hill, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
22220.0%

Summary: The Sharon Hill real estate market had 22 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1113
+18.2%
4 65
-16.7%
5+ 43
-25.0%

Summary: The Sharon Hill housing inventory by bedroom type for September 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 18.2%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sharon Hill, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Sharon Hill in September 2024, down by 20.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Sharon Hill, PA

How long does it take to sell a home in Sharon Hill, PA?

Average Sale Time

Sep 2023Sep 2024CHANGE
46 Days42 Days-8.9%

Summary: Homes in Sharon Hill had an average of 42 days on market in Sep 2024, down by 8.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sharon Hill are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 4 homes were sold in Sharon Hill; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Sharon Hill, PA

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