$3,088 Closing Credit*
$260,000
914 SqFt
2 Beds
•1 Full Bath
Colleen O'Hara, Listing Office: BHHS Fox & Roach-Moorestown
Is Holmesburg, 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, Holmesburg has remained a Seller's Market.
Key Takeaway
Holmesburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Holmesburg, PA
How much do homes in Holmesburg, PA cost?
Median Sold Price
$220,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+4.8%)
Key Takeaway
Homes in Holmesburg have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Holmesburg was $220,000 in November 2024, up 4.8% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $56K | $100K | +78.6% |
| 2 Bedrooms | $175K | $175K | 0.0% |
| 3 Bedrooms | $215K | $220K | +2.3% |
| 4 Bedrooms | $210K | $279K | +32.9% |
| 5+ Bedrooms | $248K | $342.5K | +38.1% |
Summary: Holmesburg housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 78.6%, 2 bedroom homes did not change, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 32.9%, and 5+ bedroom homes increased by 38.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Lexington Park | $315K | $338.5K | +7.5% |
| Holmesburg | $210K | $220K | +4.8% |
Housing Supply in Holmesburg, PA
How many homes are available in Holmesburg, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 70 | 69 | -1.4% |
Summary: The Holmesburg real estate market had 69 homes for sale in November 2024, a 1.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 62 | 60 | -3.2% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Holmesburg housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Holmesburg, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Holmesburg in November 2024, the same as the previous month. Of the 18 sold homes, 61% were sold under asking, 11% were sold at asking, and 28% were sold over asking.
Days on Market for Holmesburg, PA
How long does it take to sell a home in Holmesburg, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 19 Days | -24.9% |
Summary: Homes in Holmesburg had an average of 19 days on market in Nov 2024, down by 24.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Holmesburg are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 18 homes were sold in Holmesburg; 72% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
