Is Haverford Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Haverford Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Haverford Township has remained a Seller's Market.

Key Takeaway

Haverford Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Haverford Township, PA

How much do homes in Haverford Township, PA cost?

Median Sold Price

$531,333

$295/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$46,333(+9.6%)

Key Takeaway

Homes in Haverford Township have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in Haverford Township was $531,333 in October 2024, up 9.6% from last year, and the median price per square foot was $295.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $155K$147.5K
-4.8%
2 $312.5K$441K
+41.1%
3 $450.9K$475K
+5.3%
4 $579.9K$625K
+7.8%
5+ $927.5K$868.7K
-6.3%

Summary: Haverford Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes increased by 41.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes decreased by 6.3%.

Median Sold Price Compared To Nearby Cities

Haverford Township
+9.6%
Havertown
+8.5%
Broomall
+5.0%
Ardmore
+3.2%
Radnor Township
-0.3%

Housing Supply in Haverford Township, PA

How many homes are available in Haverford Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
126143+13.5%

Summary: The Haverford Township real estate market had 143 homes for sale in October 2024, a 13.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 67
+16.7%
3 5454
0.0%
4 4153
+29.3%
5+ 2427
+12.5%

Summary: The Haverford Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 29.3%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3241+28.1%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

25 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Haverford Township, you could pay more than the asking price. 61% of homes here sold above asking price last month.

Summary: A total of 41 homes were sold or pending in Haverford Township in October 2024, up by 28.1% month-over-month. Of the 41 sold homes, 39% were sold under asking, 0% were sold at asking, and 61% were sold over asking.

Days on Market for Haverford Township, PA

How long does it take to sell a home in Haverford Township, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days20 Days-14.5%

Summary: Homes in Haverford Township had an average of 20 days on market in Oct 2024, down by 14.5% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 41 homes were sold in Haverford Township; 78% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 5% 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 16 Days Ago

Newest Listings in Haverford Township, PA

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