Is Havertown, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Havertown is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Havertown, PA

How much do homes in Havertown, PA cost?

Median Sold Price

$500,666

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,666(+4.3%)

Key Takeaway

Homes in Havertown have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Havertown was $500,666 in November 2024, up 4.3% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $140K$146.7K
+4.8%
2 $200K$190K
-5.0%
3 $453K$460K
+1.5%
4 $561K$585K
+4.3%
5+ $650K$688K
+5.8%

Summary: Havertown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 5.8%.

Median Sold Price Compared To Nearby Cities

Drexel Hill
+6.9%
Haverford Township
+6.3%
Upper Darby
+5.6%
Havertown
+4.3%
Ardmore
+2.7%

Housing Supply in Havertown, PA

How many homes are available in Havertown, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10285-16.7%

Summary: The Havertown real estate market had 85 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 20
-100.0%
2 43
-25.0%
3 4837
-22.9%
4 3433
-2.9%
5+ 1412
-14.3%

Summary: The Havertown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 22.9%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3526-25.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Havertown, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.

Summary: A total of 26 homes were sold or pending in Havertown in November 2024, down by 25.7% month-over-month. Of the 26 sold homes, 35% were sold under asking, 19% were sold at asking, and 46% were sold over asking.

Days on Market for Havertown, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
9 Days14 Days+60.1%

Summary: Homes in Havertown had an average of 14 days on market in Nov 2024, up by 60.1% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 26 homes were sold in Havertown; 88% of homes were sold within 30 days, 12% 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 17 Days Ago

Newest Listings in Havertown, PA

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