Is Glen Mills, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glen Mills is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Glen Mills was a Seller's Market.

Key Takeaway

Glen Mills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Glen Mills, PA

How much do homes in Glen Mills, PA cost?

Median Sold Price

$622,373

$239/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,873(+1.9%)

Key Takeaway

Homes in Glen Mills have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Glen Mills was $622,373 in November 2024, up 1.9% from last year, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $156.5K$218K
+39.3%
2 $345K$360K
+4.3%
3 $550.5K$551.2K
0.1%
4 $792.5K$744K
-6.1%
5+ $815K$985K
+20.9%

Summary: Glen Mills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.3%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 20.9%.

Median Sold Price Compared To Nearby Cities

Chester Heights
+10.7%
Glen Mills
+1.9%
Thornbury Township
-0.7%

Housing Supply in Glen Mills, PA

How many homes are available in Glen Mills, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6052-13.3%

Summary: The Glen Mills real estate market had 52 homes for sale in November 2024, a 13.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1110
-9.1%
3 1311
-15.4%
4 2726
-3.7%
5+ 84
-50.0%

Summary: The Glen Mills 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 9.1%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
176-64.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glen Mills, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Glen Mills in November 2024, down by 64.7% month-over-month. Of the 6 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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

Nov 2023Nov 2024CHANGE
29 Days7 Days-73.0%

Summary: Homes in Glen Mills had an average of 7 days on market in Nov 2024, down by 73% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Glen Mills are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in Glen Mills; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Glen Mills, PA

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