Is Haverford Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Haverford Township has remained a Seller's Market.
Housing Prices in Haverford Township, PA
How much do homes in Haverford Township, PA cost?
Median Sold Price
$510,000
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Haverford Township was $510,000 in May 2024, up 8.5% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | $152.5K | -32.2% |
2 Bedrooms | $320K | $340K | +6.3% |
3 Bedrooms | $422K | $460.6K | +9.2% |
4 Bedrooms | $550K | $625K | +13.6% |
5+ Bedrooms | $750K | $935K | +24.7% |
Summary: Haverford Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.2%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 24.7%.
Median Sold Price Compared To Nearby Cities
Ardmore | $440K | $499.4K | +13.5% |
Broomall | $475K | $525K | +10.5% |
Haverford Township | $470K | $510K | +8.5% |
Havertown | $443.5K | $479.9K | +8.2% |
Radnor Township | $935K | $827K | -11.6% |
Housing Supply in Haverford Township, PA
How many homes are available in Haverford Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
158 | 177 | +12.0% |
Summary: The Haverford Township real estate market had 177 homes for sale in May 2024, a 12.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 10 | 11 | +10.0% |
3 Bedrooms | 57 | 61 | +7.0% |
4 Bedrooms | 54 | 61 | +13.0% |
5+ Bedrooms | 34 | 42 | +23.5% |
Summary: The Haverford Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 23.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
42 | 31 | -26.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Haverford Township in May 2024, down by 26.2% month-over-month. Of the 31 sold homes, 23% were sold under asking, 13% were sold at asking, and 65% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
9 Days | 16 Days | +66.1% |
Summary: Homes in Haverford Township had an average of 16 days on market in May 2024, up by 66.1% compared to last year.
Breakdown of Home Sale Times
29 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, 31 homes were sold in Haverford Township; 94% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.