Is Sharon Hill, 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, Sharon Hill has remained a Seller's Market.
Housing Prices in Sharon Hill, PA
How much do homes in Sharon Hill, PA cost?
Median Sold Price
$199,500
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sharon Hill was $199,500 in April 2024, up 19.1% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $103K | N/A |
2 Bedrooms | $83K | $104K | +25.3% |
3 Bedrooms | $166K | $205K | +23.5% |
4 Bedrooms | $234K | $221K | -5.6% |
5+ Bedrooms | $193.5K | $270K | +39.5% |
Summary: Sharon Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.3%, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 39.5%.
Median Sold Price Compared To Nearby Cities
Sharon Hill | $167.5K | $199.5K | +19.1% |
Darby | $154.9K | $169.9K | +9.7% |
Collingdale | $181.3K | $198.5K | +9.5% |
Colwyn | $140K | $144K | +2.9% |
Darby Township | $187K | $189.9K | +1.6% |
Housing Supply in Sharon Hill, PA
How many homes are available in Sharon Hill, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 21 | -4.5% |
Summary: The Sharon Hill real estate market had 21 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 | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 2 | -50.0% |
3 Bedrooms | 12 | 14 | +16.7% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Sharon Hill 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 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Sharon Hill in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.
Days on Market for Sharon Hill, PA
How long does it take to sell a home in Sharon Hill, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 26 Days | -34.2% |
Summary: Homes in Sharon Hill had an average of 26 days on market in Apr 2024, down by 34.2% compared to last year.
Breakdown of Home Sale Times
5 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, 7 homes were sold in Sharon Hill; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.