Is Abington Township, 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, Abington Township has remained a Seller's Market.
Housing Prices in Abington Township, PA
How much do homes in Abington Township, PA cost?
Median Sold Price
$410,000
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Abington Township was $410,000 in April 2024, up 5.1% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $136K | $123.2K | -9.4% |
2 Bedrooms | $255K | $265K | +3.9% |
3 Bedrooms | $370K | $389.7K | +5.3% |
4 Bedrooms | $461K | $485K | +5.2% |
5+ Bedrooms | $727K | $655K | -9.9% |
Summary: Abington Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.4%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 9.9%.
Median Sold Price Compared To Nearby Cities
Abington Township | $389.9K | $410K | +5.1% |
Jenkintown | $445K | $455K | +2.2% |
Lower Moreland Township | $594.5K | $569K | -4.3% |
Dresher | $604.5K | $565K | -6.5% |
Housing Supply in Abington Township, PA
How many homes are available in Abington Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
133 | 151 | +13.5% |
Summary: The Abington Township real estate market had 151 homes for sale in April 2024, a 13.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 11 | 14 | +27.3% |
3 Bedrooms | 54 | 55 | +1.9% |
4 Bedrooms | 42 | 50 | +19.0% |
5+ Bedrooms | 24 | 30 | +25.0% |
Summary: The Abington Township 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 increased by 27.3%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 36 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in Abington Township in April 2024, the same as the previous month. Of the 36 sold homes, 22% were sold under asking, 14% were sold at asking, and 64% were sold over asking.
Days on Market for Abington Township, PA
How long does it take to sell a home in Abington Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 15 Days | -8.6% |
Summary: Homes in Abington Township had an average of 15 days on market in Apr 2024, down by 8.6% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 36 homes were sold in Abington Township; 92% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.