Is Lansdowne, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lansdowne was a Seller's Market.
Housing Prices in Lansdowne, PA
How much do homes in Lansdowne, PA cost?
Median Sold Price
$228,750
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lansdowne was $228,750 in April 2024, down 8.5% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $91.7K | $105K | +14.4% |
2 Bedrooms | $126.9K | $156.1K | +23.0% |
3 Bedrooms | $225K | $213K | -5.3% |
4 Bedrooms | $310K | $256K | -17.4% |
5+ Bedrooms | $310K | $331K | +6.8% |
Summary: Lansdowne housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.4%, 2 bedroom homes increased by 23%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes increased by 6.8%.
Median Sold Price Compared To Nearby Cities
Drexel Hill | $260K | $299K | +15.0% |
Clifton Heights | $202.5K | $222.5K | +9.9% |
Upper Darby Township | $220K | $237.4K | +7.9% |
Lansdowne | $250K | $228.7K | -8.5% |
Housing Supply in Lansdowne, PA
How many homes are available in Lansdowne, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
91 | 82 | -9.9% |
Summary: The Lansdowne real estate market had 82 homes for sale in April 2024, a 9.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 57 | 44 | -22.8% |
4 Bedrooms | 13 | 14 | +7.7% |
5+ Bedrooms | 16 | 17 | +6.3% |
Summary: The Lansdowne housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 22.8%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 13 | -48.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Lansdowne in April 2024, down by 48.0% month-over-month. Of the 13 sold homes, 38% were sold under asking, 23% were sold at asking, and 38% were sold over asking.
Days on Market for Lansdowne, PA
How long does it take to sell a home in Lansdowne, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
50 Days | 10 Days | -79.2% |
Summary: Homes in Lansdowne had an average of 10 days on market in Apr 2024, down by 79.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Lansdowne; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.