Is Plymouth Meeting, 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, Plymouth Meeting has remained a Seller's Market.
Housing Prices in Plymouth Meeting, PA
How much do homes in Plymouth Meeting, PA cost?
Median Sold Price
$516,137
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Plymouth Meeting was $516,137 in April 2024, up 10.1% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $184.9K | $215K | +16.2% |
2 Bedrooms | $277.5K | $315K | +13.5% |
3 Bedrooms | $434K | $478K | +10.1% |
4 Bedrooms | $529.9K | $581.5K | +9.7% |
5+ Bedrooms | $635K | $900K | +41.7% |
Summary: Plymouth Meeting housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.2%, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 41.7%.
Median Sold Price Compared To Nearby Cities
Norristown | $260K | $325K | +25.0% |
Plymouth Meeting | $468.7K | $516.1K | +10.1% |
Plymouth Township | $465K | $500K | +7.5% |
Whitemarsh Township | $555K | $580.5K | +4.6% |
Housing Supply in Plymouth Meeting, PA
How many homes are available in Plymouth Meeting, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 44 | +29.4% |
Summary: The Plymouth Meeting real estate market had 44 homes for sale in April 2024, a 29.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 13 | 18 | +38.5% |
4 Bedrooms | 11 | 16 | +45.5% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Plymouth Meeting housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 38.5%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Plymouth Meeting in April 2024, up by 42.9% month-over-month. Of the 10 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.
Days on Market for Plymouth Meeting, PA
How long does it take to sell a home in Plymouth Meeting, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 26 Days | +25.8% |
Summary: Homes in Plymouth Meeting had an average of 26 days on market in Apr 2024, up by 25.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Plymouth Meeting; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.