Is Avondale, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Avondale is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Avondale has remained a Seller's Market.

Key Takeaway

Avondale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Avondale, PA

How much do homes in Avondale, PA cost?

Median Sold Price

$647,750

$165/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$47,750(+8.0%)

Key Takeaway

Homes in Avondale have sold for 8% more than they did a month ago.

Summary: The median home sold price in Avondale was $647,750 in October 2024, up 8% from last month, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$468K
N/A
3 $575K$580K
+0.9%
4 $600K$660.5K
+10.1%
5+ $690K$799.9K
+15.9%

Summary: Avondale 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 increased by 0.9%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 15.9%.

Median Sold Price Compared To Nearby Cities

London Grove Township
+19.8%
Avondale
+8.0%

Housing Supply in Avondale, PA

How many homes are available in Avondale, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
18180.0%

Summary: The Avondale real estate market had 18 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 44
0.0%
4 910
+11.1%
5+ 32
-33.3%

Summary: The Avondale 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 remained the same, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Avondale, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Avondale in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for Avondale, PA

How long does it take to sell a home in Avondale, PA?

Average Sale Time

Sep 2024Oct 2024CHANGE
33 Days8 Days-73.9%

Summary: Homes in Avondale had an average of 8 days on market in Oct 2024, down by 73.9% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in Avondale; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

Newest Listings in Avondale, PA

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