Is Sharon Hill, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Sharon Hill was a Seller's Market.
Housing Prices in Sharon Hill, PA
How much do homes in Sharon Hill, PA cost?
Median Sold Price
$198,500
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Sharon Hill was $198,500 in March 2024, up 9.1% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $103K | N/A |
2 Bedrooms | $83K | $104K | +25.3% |
3 Bedrooms | $174.4K | $205K | +17.5% |
4 Bedrooms | $229.5K | $221K | -3.7% |
5+ Bedrooms | $190K | $247.5K | +30.3% |
Summary: Sharon Hill housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.3%, 3 bedroom homes increased by 17.5%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 30.3%.
Median Sold Price Compared To Nearby Cities
Darby | $151K | $171.2K | +13.4% |
Sharon Hill | $181.9K | $198.5K | +9.1% |
Collingdale | $185K | $198.5K | +7.3% |
Darby Township | $189K | $190K | 0.5% |
Housing Supply in Sharon Hill, PA
How many homes are available in Sharon Hill, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
43 | 41 | -4.7% |
Summary: The Sharon Hill real estate market had 41 homes for sale in March 2024, a 4.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 24 | 24 | 0.0% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Sharon Hill housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 5 | -37.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Sharon Hill in March 2024, down by 37.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
12 Days | 32 Days | +157.3% |
Summary: Homes in Sharon Hill had an average of 32 days on market in Mar 2024, up by 157.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Sharon Hill; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.