Is Lansdowne, 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, Lansdowne has remained a Seller's Market.
Housing Prices in Lansdowne, PA
How much do homes in Lansdowne, PA cost?
Median Sold Price
$232,583
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Lansdowne was $232,583 in May 2024, down 1% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $91K | $107.5K | +18.1% |
2 Bedrooms | $130.9K | $165K | +26.0% |
3 Bedrooms | $220K | $214.5K | -2.5% |
4 Bedrooms | $310K | $265K | -14.5% |
5+ Bedrooms | $285K | $346.2K | +21.5% |
Summary: Lansdowne housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.1%, 2 bedroom homes increased by 26%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 14.5%, and 5+ bedroom homes increased by 21.5%.
Median Sold Price Compared To Nearby Cities
Drexel Hill | $267.5K | $301K | +12.5% |
Clifton Heights | $206.5K | $225K | +9.0% |
Upper Darby Township | $220K | $235.3K | +6.9% |
Yeadon | $210K | $217K | +3.3% |
Lansdowne | $235K | $232.5K | -1.0% |
Housing Supply in Lansdowne, PA
How many homes are available in Lansdowne, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
83 | 83 | 0.0% |
Summary: The Lansdowne real estate market had 83 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 46 | 46 | 0.0% |
4 Bedrooms | 13 | 13 | 0.0% |
5+ Bedrooms | 17 | 18 | +5.9% |
Summary: The Lansdowne housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 16 | +6.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Lansdowne in May 2024, up by 6.7% month-over-month. Of the 16 sold homes, 50% were sold under asking, 31% were sold at asking, and 19% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 45 Days | +62.5% |
Summary: Homes in Lansdowne had an average of 45 days on market in May 2024, up by 62.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 16 homes were sold in Lansdowne; 69% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.