$1,781 Closing Credit*
$150,000
1,140 SqFt
4 Beds
•1 Full Bath, 1 Partial
Shaheedah A Tinsley-Cobbs, Listing Office: Realty ONE Group Focus
Is Cobbs Creek, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Cobbs Creek was a Neutral Market.
Key Takeaway
Cobbs Creek is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cobbs Creek, PA
How much do homes in Cobbs Creek, PA cost?
Median Sold Price
$168,966
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,967(+5.6%)
Key Takeaway
Homes in Cobbs Creek have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Cobbs Creek was $168,966 in November 2024, up 5.6% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $90K | $100K | +11.1% |
| 3 Bedrooms | $155K | $155K | 0.0% |
| 4 Bedrooms | $185K | $175K | -5.4% |
| 5+ Bedrooms | $321K | $199.9K | -37.7% |
Summary: Cobbs Creek housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.1%, 3 bedroom homes did not change, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 37.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Cobbs Creek | $159.9K | $168.9K | +5.6% |
| Garden Court | $405K | $425K | +4.9% |
| West Philadelphia | $179.9K | $183.9K | +2.2% |
| Haddington | $119.9K | $118K | -1.6% |
| Kingsessing | $139K | $127K | -8.6% |
Housing Supply in Cobbs Creek, PA
How many homes are available in Cobbs Creek, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 152 | 169 | +11.2% |
Summary: The Cobbs Creek real estate market had 169 homes for sale in November 2024, a 11.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 93 | 103 | +10.8% |
| 4 Bedrooms | 50 | 56 | +12.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Cobbs Creek housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 12%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 23 | -4.2% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cobbs Creek, you may be able to get a good deal. 52.2% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Cobbs Creek in November 2024, down by 4.2% month-over-month. Of the 23 sold homes, 52% were sold under asking, 39% were sold at asking, and 9% were sold over asking.
Days on Market for Cobbs Creek, PA
How long does it take to sell a home in Cobbs Creek, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 54 Days | 69 Days | +26.8% |
Summary: Homes in Cobbs Creek had an average of 69 days on market in Nov 2024, up by 26.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cobbs Creek are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 23 homes were sold in Cobbs Creek; 43% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
