$6,828 Closing Credit*
$575,000
2,178 SqFt
4 Beds
•2 Full Baths, 1 Partial
Keionna Williams, Listing Office: EXP Realty, LLC
Is Bustleton, 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, Bustleton has remained a Seller's Market.
Key Takeaway
Bustleton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bustleton, PA
How much do homes in Bustleton, PA cost?
Median Sold Price
$375,000
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,000(+10.3%)
Key Takeaway
Homes in Bustleton have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in Bustleton was $375,000 in October 2024, up 10.3% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $169.5K | $150K | -11.5% |
| 2 Bedrooms | $270K | $278K | +3.0% |
| 3 Bedrooms | $350K | $366K | +4.6% |
| 4 Bedrooms | $475K | $497K | +4.6% |
| 5+ Bedrooms | $585K | $620K | +6.0% |
Summary: Bustleton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.5%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Neighborhoods
| Krewstown | $310K | $360K | +16.1% |
| Bustleton | $340K | $375K | +10.3% |
| Rhawnhurst | $295K | $319K | +8.1% |
| Pennypack | $305K | $320K | +4.9% |
| Fox Chase | $320K | $325.5K | +1.7% |
Housing Supply in Bustleton, PA
How many homes are available in Bustleton, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 | 43 | -12.2% |
Summary: The Bustleton real estate market had 43 homes for sale in October 2024, a 12.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 9 | 6 | -33.3% |
| 3 Bedrooms | 26 | 21 | -19.2% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Bustleton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 19.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 9 | -50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bustleton, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Bustleton in October 2024, down by 50.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.
Days on Market for Bustleton, PA
How long does it take to sell a home in Bustleton, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 9 Days | -53.0% |
Summary: Homes in Bustleton had an average of 9 days on market in Oct 2024, down by 53% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bustleton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Bustleton; 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.
