Is Hunting Park, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hunting Park is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Hunting Park was a Buyer's Market.

Key Takeaway

Hunting Park is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Hunting Park, PA

How much do homes in Hunting Park, PA cost?

Median Sold Price

$80,000

$75/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$24,000(-23.1%)

Key Takeaway

Homes in Hunting Park have sold for 23.1% less than they did a year ago.

Summary: The median home sold price in Hunting Park was $80,000 in October 2024, down 23.1% from last year, and the median price per square foot was $75.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $86.5K$74.2K
-14.1%
3 $120K$80K
-33.3%
4 $112.5K$100K
-11.1%
5+ $150K-
N/A

Summary: Hunting Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.1%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Logan
+5.8%
Upper North Philadelphia
-9.8%
Hunting Park
-23.1%

Housing Supply in Hunting Park, PA

How many homes are available in Hunting Park, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5048-4.0%

Summary: The Hunting Park real estate market had 48 homes for sale in October 2024, a 4.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1012
+20.0%
3 3634
-5.6%
4 42
-50.0%
5+ 00
0.0%

Summary: The Hunting Park 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 20%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hunting Park, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Hunting Park in October 2024, down by 22.2% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for Hunting Park, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
72 Days61 Days-15.5%

Summary: Homes in Hunting Park had an average of 61 days on market in Oct 2024, down by 15.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 7 homes were sold in Hunting Park; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 Hunting Park, PA

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