$7,303 Closing Credit*
$615,000
1,902 SqFt
4 Beds
•2 Full Baths, 1 Partial
Diane Loomis, Listing Office: Keller Williams Real Estate-Langhorne
Is Langhorne, 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, Langhorne has remained a Seller's Market.
Key Takeaway
Langhorne is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Langhorne, PA
How much do homes in Langhorne, PA cost?
Median Sold Price
$537,000
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$29,500(+5.8%)
Key Takeaway
Homes in Langhorne have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in Langhorne was $537,000 in October 2024, up 5.8% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $237.5K | $255K | +7.4% |
| 2 Bedrooms | $452.7K | $341K | -24.7% |
| 3 Bedrooms | $419K | $467.2K | +11.5% |
| 4 Bedrooms | $650K | $627.5K | -3.5% |
| 5+ Bedrooms | $520K | $676K | +30.0% |
Summary: Langhorne housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes decreased by 24.7%, 3 bedroom homes increased by 11.5%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 30%.
Median Sold Price Compared To Nearby Cities
| Feasterville Trevose | $435K | $471.6K | +8.4% |
| Northampton Township | $433K | $469.3K | +8.4% |
| Langhorne | $507.5K | $537K | +5.8% |
| Middletown Township | $391.6K | $407K | +3.9% |
Housing Supply in Langhorne, PA
How many homes are available in Langhorne, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 80 | 80 | 0.0% |
Summary: The Langhorne real estate market had 80 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 31 | 34 | +9.7% |
| 4 Bedrooms | 40 | 32 | -20.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Langhorne 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 60%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 24 | -11.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Langhorne, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 24 homes were sold or pending in Langhorne in October 2024, down by 11.1% month-over-month. Of the 24 sold homes, 29% were sold under asking, 4% were sold at asking, and 67% were sold over asking.
Days on Market for Langhorne, PA
How long does it take to sell a home in Langhorne, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 13 Days | -21.9% |
Summary: Homes in Langhorne had an average of 13 days on market in Oct 2024, down by 21.9% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Langhorne are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 24 homes were sold in Langhorne; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
