$3,500 Closing Credit*
$294,700
1,076 SqFt
2 Beds
•1 Full Bath
Victoria A Sweitzer, Listing Office: RE/MAX Centre Realtors
Is Jenkintown, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Jenkintown has remained a Seller's Market.
Key Takeaway
Jenkintown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jenkintown, PA
How much do homes in Jenkintown, PA cost?
Median Sold Price
$483,750
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,050(+5.9%)
Key Takeaway
Homes in Jenkintown have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Jenkintown was $483,750 in October 2024, up 5.9% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147.5K | $152.5K | +3.4% |
| 2 Bedrooms | $184.9K | $225K | +21.7% |
| 3 Bedrooms | $385K | $419K | +8.8% |
| 4 Bedrooms | $585K | $606.4K | +3.7% |
| 5+ Bedrooms | $649.9K | $831.2K | +27.9% |
Summary: Jenkintown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes increased by 21.7%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 27.9%.
Median Sold Price Compared To Nearby Cities
| Abington Township | $395K | $425K | +7.6% |
| Jenkintown | $456.7K | $483.7K | +5.9% |
Housing Supply in Jenkintown, PA
How many homes are available in Jenkintown, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 | 44 | -21.4% |
Summary: The Jenkintown real estate market had 44 homes for sale in October 2024, a 21.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 3 | +100.0% |
| 2 Bedrooms | 9 | 4 | -55.6% |
| 3 Bedrooms | 17 | 13 | -23.5% |
| 4 Bedrooms | 21 | 15 | -28.6% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Jenkintown 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 decreased by 55.6%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 14 | -22.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jenkintown, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Jenkintown in October 2024, down by 22.2% month-over-month. Of the 14 sold homes, 64% were sold under asking, 7% were sold at asking, and 29% were sold over asking.
Days on Market for Jenkintown, PA
How long does it take to sell a home in Jenkintown, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 49 Days | +96.7% |
Summary: Homes in Jenkintown had an average of 49 days on market in Oct 2024, up by 96.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jenkintown are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in Jenkintown; 71% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
