$10,000 Closing Credit*
$2,378,900
4,002 SqFt
5 Beds
•4 Full Baths, 1 Partial
Michael R. McCann, Listing Office: KW Empower
Is Gladwyne, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Gladwyne has remained a Neutral Market.
Key Takeaway
Gladwyne is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Gladwyne, PA
How much do homes in Gladwyne, PA cost?
Median Sold Price
$1,622,500
$352/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$197,500(+13.9%)
Key Takeaway
Homes in Gladwyne have sold for 13.9% more than they did a year ago.
Summary: The median home sold price in Gladwyne was $1,622,500 in November 2024, up 13.9% from last year, and the median price per square foot was $352.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $900K | $975K | +8.3% |
| 3 Bedrooms | $767.5K | $800K | +4.2% |
| 4 Bedrooms | $1.1M | $1.5M | +35.9% |
| 5+ Bedrooms | $2.0M | $2.1M | +6.2% |
Summary: Gladwyne 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 8.3%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 35.9%, and 5+ bedroom homes increased by 6.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Gladwyne | $1.4M | $1.6M | +13.9% |
| Wynnewood | $950K | $1.0M | +5.8% |
| Bryn Mawr | $777.5K | $782.5K | +0.6% |
Housing Supply in Gladwyne, PA
How many homes are available in Gladwyne, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 21 | -12.5% |
Summary: The Gladwyne real estate market had 21 homes for sale in November 2024, a 12.5% decrease 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 18 | 17 | -5.6% |
Summary: The Gladwyne 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 decreased by 100%, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 5.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gladwyne, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Gladwyne in November 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Gladwyne, PA
How long does it take to sell a home in Gladwyne, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 64 Days | 68 Days | +6.7% |
Summary: Homes in Gladwyne had an average of 68 days on market in Nov 2024, up by 6.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Gladwyne are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Gladwyne; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
