Is Glenolden, 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, Glenolden has remained a Seller's Market.
Key Takeaway
Glenolden is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Glenolden, PA
How much do homes in Glenolden, PA cost?
Median Sold Price
$225,500
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Glenolden has remained the same since last year.
Summary: The median home sold price in Glenolden was $225,500 in April 2024, up 0.2% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $66K | $105K | +59.1% |
| 2 Bedrooms | $111.5K | $160K | +43.5% |
| 3 Bedrooms | $225K | $230K | +2.2% |
| 4 Bedrooms | $275K | $259K | -5.8% |
| 5+ Bedrooms | $430K | $334.9K | -22.1% |
Summary: Glenolden housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 59.1%, 2 bedroom homes increased by 43.5%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes decreased by 22.1%.
Median Sold Price Compared To Nearby Cities
| Collingdale | $181.3K | $198.5K | +9.5% |
| Norwood | $251.5K | $262.5K | +4.4% |
| Darby Township | $187K | $189.9K | +1.6% |
| Glenolden | $225K | $225.5K | 0.2% |
| Folcroft | $210.9K | $200K | -5.2% |
Housing Supply in Glenolden, PA
How many homes are available in Glenolden, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 44 | 42 | -4.5% |
Summary: The Glenolden real estate market had 42 homes for sale in April 2024, a 4.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 34 | 34 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Glenolden housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 9 | -52.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glenolden, you could pay more than the asking price. 77.8% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Glenolden in April 2024, down by 52.6% month-over-month. Of the 9 sold homes, 11% were sold under asking, 11% were sold at asking, and 78% were sold over asking.
Days on Market for Glenolden, PA
How long does it take to sell a home in Glenolden, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 24 Days | 6 Days | -72.7% |
Summary: Homes in Glenolden had an average of 6 days on market in Apr 2024, down by 72.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Glenolden are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in Glenolden; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
