$6,947 Closing Credit*
$585,000
2,311 SqFt
3 Beds
•3 Full Baths
Deneen Sweeney, Listing Office: Keller Williams Real Estate - West Chester
Is Glen Mills, 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, Glen Mills has remained a Seller's Market.
Key Takeaway
Glen Mills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Glen Mills, PA
How much do homes in Glen Mills, PA cost?
Median Sold Price
$625,000
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,750(+2.4%)
Key Takeaway
Homes in Glen Mills have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Glen Mills was $625,000 in October 2024, up 2.4% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $199K | +28.4% |
| 2 Bedrooms | $340K | $362.5K | +6.6% |
| 3 Bedrooms | $540K | $559.7K | +3.7% |
| 4 Bedrooms | $781.5K | $750K | -4.0% |
| 5+ Bedrooms | $735K | $977K | +32.9% |
Summary: Glen Mills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.4%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 32.9%.
Median Sold Price Compared To Nearby Cities
| Chester Heights | $328K | $376.2K | +14.7% |
| Thornbury Township | $710K | $737.5K | +3.9% |
| Glen Mills | $610.2K | $625K | +2.4% |
Housing Supply in Glen Mills, PA
How many homes are available in Glen Mills, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 | 63 | +16.7% |
Summary: The Glen Mills real estate market had 63 homes for sale in October 2024, a 16.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 11 | +37.5% |
| 3 Bedrooms | 17 | 13 | -23.5% |
| 4 Bedrooms | 21 | 30 | +42.9% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Glen Mills housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 37.5%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glen Mills, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Glen Mills in October 2024, up by 33.3% month-over-month. Of the 16 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.
Days on Market for Glen Mills, PA
How long does it take to sell a home in Glen Mills, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 41 Days | +237.3% |
Summary: Homes in Glen Mills had an average of 41 days on market in Oct 2024, up by 237.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Glen Mills are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in Glen Mills; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
