$7,719 Closing Credit*
$650,000
2,548 SqFt
4 Beds
•2 Full Baths, 1 Partial
David C Cary, Listing Office: Prime Real Estate Team
Is Lansdale, 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, Lansdale has remained a Seller's Market.
Key Takeaway
Lansdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lansdale, PA
How much do homes in Lansdale, PA cost?
Median Sold Price
$440,225
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,058(+7.3%)
Key Takeaway
Homes in Lansdale have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Lansdale was $440,225 in November 2024, up 7.3% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $187.5K | +7.1% |
| 2 Bedrooms | $255K | $290K | +13.7% |
| 3 Bedrooms | $377.5K | $400K | +6.0% |
| 4 Bedrooms | $527.5K | $574K | +8.8% |
| 5+ Bedrooms | $602.5K | $660K | +9.5% |
Summary: Lansdale housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 13.7%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 9.5%.
Median Sold Price Compared To Nearby Cities
| Lansdale | $410.1K | $440.2K | +7.3% |
| Montgomery Township | $482.5K | $515K | +6.7% |
| Upper Gwynedd Township | $485K | $510K | +5.2% |
| Towamencin Township | $430K | $428.4K | -0.4% |
| Hatfield Township | $465K | $461K | -0.9% |
Housing Supply in Lansdale, PA
How many homes are available in Lansdale, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 139 | 132 | -5.0% |
Summary: The Lansdale real estate market had 132 homes for sale in November 2024, a 5.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 3 | +100.0% |
| 2 Bedrooms | 19 | 16 | -15.8% |
| 3 Bedrooms | 59 | 51 | -13.6% |
| 4 Bedrooms | 52 | 53 | +1.9% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Lansdale 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 decreased by 15.8%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 50 | +38.9% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lansdale, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 50 homes were sold or pending in Lansdale in November 2024, up by 38.9% month-over-month. Of the 50 sold homes, 24% were sold under asking, 26% were sold at asking, and 50% were sold over asking.
Days on Market for Lansdale, PA
How long does it take to sell a home in Lansdale, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 16 Days | +38.6% |
Summary: Homes in Lansdale had an average of 16 days on market in Nov 2024, up by 38.6% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lansdale are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 50 homes were sold in Lansdale; 84% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
