$10,000 Closing Credit*
$1,995,000
6,477 SqFt
4 Beds
•3 Full Baths, 3 Partial
Paul Carr, Listing Office: Long & Foster Real Estate, Inc.
Is Devon, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Devon has remained a Seller's Market.
Key Takeaway
Devon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Devon, PA
How much do homes in Devon, PA cost?
Median Sold Price
$933,750
$461/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$293,750(+45.9%)
Key Takeaway
Homes in Devon have sold for 45.9% more than they did a month ago.
Summary: The median home sold price in Devon was $933,750 in December 2024, up 45.9% from last month, and the median price per square foot was $461.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $530K | $933.7K | +76.2% |
| 4 Bedrooms | $815.5K | - | N/A |
| 5+ Bedrooms | $1.9M | - | N/A |
Summary: Devon housing prices by bedroom type for December 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 76.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Devon | $640K | $933.7K | +45.9% |
| Easttown Township | $832.7K | $649K | -22.1% |
Housing Supply in Devon, PA
How many homes are available in Devon, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 13 | 9 | -30.8% |
Summary: The Devon real estate market had 9 homes for sale in December 2024, a 30.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 3 | -50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Devon housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Devon, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Devon in December 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Devon, PA
How long does it take to sell a home in Devon, PA?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 25 Days | 7 Days | -70.2% |
Summary: Homes in Devon had an average of 7 days on market in Dec 2024, down by 70.2% compared to last month.
Breakdown of Home Sale Times
2 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 Devon are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in Devon; 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.
