$3,443 Closing Credit*
$289,900
1,152 SqFt
3 Beds
•2 Full Baths
Tammi L Goebel, Listing Office: Keller Williams Real Estate - West Chester
Is Drexel Hill, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Drexel Hill has remained a Seller's Market.
Key Takeaway
Drexel Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Drexel Hill, PA
How much do homes in Drexel Hill, PA cost?
Median Sold Price
$309,433
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$19,433(+6.7%)
Key Takeaway
Homes in Drexel Hill have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Drexel Hill was $309,433 in December 2024, up 6.7% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $192.5K | $207K | +7.5% |
| 3 Bedrooms | $249.2K | $267.5K | +7.3% |
| 4 Bedrooms | $376K | $387.5K | +3.1% |
| 5+ Bedrooms | $425K | $452.5K | +6.5% |
Summary: Drexel Hill housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Cities
| Lansdowne | $220K | $260K | +18.2% |
| Clifton Heights | $210K | $239.5K | +14.0% |
| Drexel Hill | $290K | $309.4K | +6.7% |
| Upper Darby | $180K | $190K | +5.6% |
| Upper Darby Township | $235K | $242.1K | +3.0% |
Housing Supply in Drexel Hill, PA
How many homes are available in Drexel Hill, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 86 | 77 | -10.5% |
Summary: The Drexel Hill real estate market had 77 homes for sale in December 2024, a 10.5% 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 | 1 | +100.0% |
| 3 Bedrooms | 44 | 39 | -11.4% |
| 4 Bedrooms | 23 | 21 | -8.7% |
| 5+ Bedrooms | 19 | 16 | -15.8% |
Summary: The Drexel Hill 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 increased by 100%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes decreased by 15.8%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 21 | 25 | +19.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Drexel Hill, you may be able to get a good deal. 44% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Drexel Hill in December 2024, up by 19.0% month-over-month. Of the 25 sold homes, 44% were sold under asking, 24% were sold at asking, and 32% were sold over asking.
Days on Market for Drexel Hill, PA
How long does it take to sell a home in Drexel Hill, PA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 25 Days | 32 Days | +25.8% |
Summary: Homes in Drexel Hill had an average of 32 days on market in Dec 2024, up by 25.8% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Drexel Hill are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 25 homes were sold in Drexel Hill; 76% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
