$4,602 Closing Credit*
$387,500
1,684 SqFt
3 Beds
•1 Full Bath, 1 Partial
Tara M Bevivino, Listing Office: Vince Bevivino Real Estate, LLC
Is Abington Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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 October 2023
+$30,000(+7.6%)
Key Takeaway
Homes in Abington Township have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Abington Township was $425,000 in October 2024, up 7.6% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112K | $155K | +38.4% |
| 2 Bedrooms | $260K | $274.5K | +5.6% |
| 3 Bedrooms | $375K | $399.9K | +6.7% |
| 4 Bedrooms | $480K | $480K | 0.0% |
| 5+ Bedrooms | $655K | $725K | +10.7% |
Summary: Abington Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.4%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 6.7%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 10.7%.
Median Sold Price Compared To Nearby Cities
| Dresher | $555K | $680K | +22.5% |
| Lower Moreland Township | $575K | $650K | +13.0% |
| Abington Township | $395K | $425K | +7.6% |
| Jenkintown | $456.7K | $483.7K | +5.9% |
Housing Supply in Abington Township, PA
How many homes are available in Abington Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 151 | 146 | -3.3% |
Summary: The Abington Township real estate market had 146 homes for sale in October 2024, a 3.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 11 | 7 | -36.4% |
| 3 Bedrooms | 68 | 73 | +7.4% |
| 4 Bedrooms | 52 | 46 | -11.5% |
| 5+ Bedrooms | 19 | 18 | -5.3% |
Summary: The Abington Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 36.4%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes decreased by 5.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 50 | 39 | -22.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Abington Township, you may be able to get a good deal. 43.6% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in Abington Township in October 2024, down by 22.0% month-over-month. Of the 39 sold homes, 44% were sold under asking, 26% were sold at asking, and 31% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 45 Days | +158.4% |
Summary: Homes in Abington Township had an average of 45 days on market in Oct 2024, up by 158.4% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Abington Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 39 homes were sold in Abington Township; 64% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
