Is Abington Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Abington Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 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

$385,000

$278/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$40,000(-9.4%)

Key Takeaway

Homes in Abington Township have sold for 9.4% less than they did a month ago.

Summary: The median home sold price in Abington Township was $385,000 in October 2024, down 9.4% from last month, and the median price per square foot was $278.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$340K
N/A
3 $385K$377.5K
-1.9%
4 $547.5K$420K
-23.3%
5+ --
N/A

Summary: Abington Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 23.3%, and 5+ bedroom homes did not change.

Housing Supply in Abington Township, PA

How many homes are available in Abington Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2936+24.1%

Summary: The Abington Township real estate market had 36 homes for sale in October 2024, a 24.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1825
+38.9%
4 67
+16.7%
5+ 32
-33.3%

Summary: The Abington Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 38.9%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
59+80.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Abington Township, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Abington Township in October 2024, up by 80.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 44% were sold at asking, and 33% 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

Sep 2024Oct 2024CHANGE
14 Days27 Days+88.0%

Summary: Homes in Abington Township had an average of 27 days on market in Oct 2024, up by 88% compared to last month.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Abington Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in Abington Township; 78% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Abington Township, PA

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