Is Haverford 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, Haverford Township has remained a Seller's Market.
Key Takeaway
Haverford Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Haverford Township, PA
How much do homes in Haverford Township, PA cost?
Median Sold Price
$502,750
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Haverford Township have sold for 7% more than they did a year ago.
Summary: The median home sold price in Haverford Township was $502,750 in April 2024, up 7% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $152.5K | -32.2% |
| 2 Bedrooms | $320K | $332K | +3.8% |
| 3 Bedrooms | $422K | $460.3K | +9.1% |
| 4 Bedrooms | $550K | $625K | +13.6% |
| 5+ Bedrooms | $750K | $950K | +26.7% |
Summary: Haverford Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.2%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 26.7%.
Median Sold Price Compared To Nearby Cities
| Broomall | $451.3K | $522.5K | +15.8% |
| Ardmore | $450.8K | $493K | +9.3% |
| Haverford Township | $470K | $502.7K | +7.0% |
| Havertown | $447.8K | $475K | +6.1% |
| Radnor Township | $900K | $899K | -0.1% |
Housing Supply in Haverford Township, PA
How many homes are available in Haverford Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 135 | 162 | +20.0% |
Summary: The Haverford Township real estate market had 162 homes for sale in April 2024, a 20.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 13 | 9 | -30.8% |
| 3 Bedrooms | 60 | 61 | +1.7% |
| 4 Bedrooms | 36 | 56 | +55.6% |
| 5+ Bedrooms | 23 | 33 | +43.5% |
Summary: The Haverford 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 decreased by 30.8%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes increased by 43.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 47 | 40 | -14.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Haverford Township, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 40 homes were sold or pending in Haverford Township in April 2024, down by 14.9% month-over-month. Of the 40 sold homes, 20% were sold under asking, 18% were sold at asking, and 63% were sold over asking.
Days on Market for Haverford Township, PA
How long does it take to sell a home in Haverford Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 10 Days | 12 Days | +16.6% |
Summary: Homes in Haverford Township had an average of 12 days on market in Apr 2024, up by 16.6% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Haverford Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 40 homes were sold in Haverford Township; 88% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
