Is Hartranft, 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, Hartranft was a Seller's Market.
Housing Prices in Hartranft, PA
How much do homes in Hartranft, PA cost?
Median Sold Price
$302,500
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hartranft was $302,500 in May 2024, down 13.7% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $275K | N/A |
2 Bedrooms | $175K | $255K | +45.7% |
3 Bedrooms | $420K | $422.5K | +0.6% |
4 Bedrooms | $385K | $346.9K | -9.9% |
5+ Bedrooms | - | $180K | N/A |
Summary: Hartranft 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 increased by 45.7%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 9.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Fishtown | $412.5K | $435K | +5.5% |
Lower North Philadelphia | $376.1K | $369.1K | -1.9% |
Kensington | $279.9K | $269.9K | -3.6% |
Fairhill | $87.7K | $77.5K | -11.6% |
Hartranft | $350.5K | $302.5K | -13.7% |
Housing Supply in Hartranft, PA
How many homes are available in Hartranft, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
54 | 58 | +7.4% |
Summary: The Hartranft real estate market had 58 homes for sale in May 2024, a 7.4% 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 | 24 | 27 | +12.5% |
3 Bedrooms | 20 | 19 | -5.0% |
4 Bedrooms | 10 | 12 | +20.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hartranft 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 increased by 12.5%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Hartranft in May 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Hartranft, PA
How long does it take to sell a home in Hartranft, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
90 Days | 46 Days | -48.3% |
Summary: Homes in Hartranft had an average of 46 days on market in May 2024, down by 48.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Hartranft; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.