$3,563 Closing Credit*
$300,000
1,120 SqFt
2 Beds
•1 Full Bath, 1 Partial
Richard K Cassell, Listing Office: KW Empower
Is Abington Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Abington Township has remained a Seller's Market.
Key Takeaway
Abington Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Abington Township, PA
How much do homes in Abington Township, PA cost?
Median Sold Price
$425,000
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+6.3%)
Key Takeaway
Homes in Abington Township have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Abington Township was $425,000 in November 2024, up 6.3% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112K | $155K | +38.4% |
| 2 Bedrooms | $265K | $267.5K | +0.9% |
| 3 Bedrooms | $376.6K | $400K | +6.2% |
| 4 Bedrooms | $485K | $488K | +0.6% |
| 5+ Bedrooms | $664.9K | $720K | +8.3% |
Summary: Abington Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.4%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 8.3%.
Median Sold Price Compared To Nearby Cities
| Dresher | $552.5K | $675K | +22.2% |
| Lower Moreland Township | $575K | $655K | +13.9% |
| Jenkintown | $455.8K | $490K | +7.5% |
| Abington Township | $400K | $425K | +6.3% |
Housing Supply in Abington Township, PA
How many homes are available in Abington Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 141 | 136 | -3.5% |
Summary: The Abington Township real estate market had 136 homes for sale in November 2024, a 3.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 9 | 14 | +55.6% |
| 3 Bedrooms | 70 | 64 | -8.6% |
| 4 Bedrooms | 43 | 38 | -11.6% |
| 5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The Abington Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 55.6%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes decreased by 11.6%, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 41 | -2.4% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Abington Township, you could pay more than the asking price. 41.5% of homes here sold above asking price last month.
Summary: A total of 41 homes were sold or pending in Abington Township in November 2024, down by 2.4% month-over-month. Of the 41 sold homes, 34% were sold under asking, 24% were sold at asking, and 41% were sold over asking.
Days on Market for Abington Township, PA
How long does it take to sell a home in Abington Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 28 Days | +76.5% |
Summary: Homes in Abington Township had an average of 28 days on market in Nov 2024, up by 76.5% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Abington Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 41 homes were sold in Abington Township; 71% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
