Is Aldan, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Aldan was a Buyer's Market.
Key Takeaway
Aldan is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Aldan, PA
How much do homes in Aldan, PA cost?
Median Sold Price
$289,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Aldan have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Aldan was $289,000 in May 2024, up 5.1% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $119.9K | N/A |
| 2 Bedrooms | $225K | $158.8K | -29.4% |
| 3 Bedrooms | $270K | $288K | +6.7% |
| 4 Bedrooms | $328K | $297.5K | -9.3% |
| 5+ Bedrooms | $242.5K | $372.5K | +53.6% |
Summary: Aldan housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29.4%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes increased by 53.6%.
Median Sold Price Compared To Nearby Cities
| Darby | $155K | $172.5K | +11.3% |
| Clifton Heights | $206.5K | $225K | +9.0% |
| Collingdale | $185.7K | $198.5K | +6.9% |
| Aldan | $275K | $289K | +5.1% |
| Lansdowne | $235K | $232.5K | -1.0% |
Housing Supply in Aldan, PA
How many homes are available in Aldan, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 22 | +22.2% |
Summary: The Aldan real estate market had 22 homes for sale in May 2024, a 22.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 16 | 18 | +12.5% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Aldan housing inventory by bedroom type for May 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 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Aldan, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Aldan in May 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Aldan, PA
How long does it take to sell a home in Aldan, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 5 Days | 9 Days | +90.0% |
Summary: Homes in Aldan had an average of 9 days on market in May 2024, up by 90% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Aldan are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Aldan; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
