Is Lansdowne, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lansdowne is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Lansdowne has remained a Seller's Market.

Key Takeaway

Lansdowne is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lansdowne, PA

How much do homes in Lansdowne, PA cost?

Median Sold Price

$260,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$43,000(+19.8%)

Key Takeaway

Homes in Lansdowne have sold for 19.8% more than they did a year ago.

Summary: The median home sold price in Lansdowne was $260,000 in November 2024, up 19.8% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $100K$112K
+12.0%
2 $156.1K$166.3K
+6.5%
3 $210K$249.9K
+19.0%
4 $275K$287.5K
+4.5%
5+ $285K$355K
+24.6%

Summary: Lansdowne housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 24.6%.

Median Sold Price Compared To Nearby Cities

Lansdowne
+19.8%
Clifton Heights
+8.9%
Drexel Hill
+6.9%
Upper Darby Township
+2.0%

Housing Supply in Lansdowne, PA

How many homes are available in Lansdowne, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7974-6.3%

Summary: The Lansdowne real estate market had 74 homes for sale in November 2024, a 6.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 10
-100.0%
3 4441
-6.8%
4 1718
+5.9%
5+ 1412
-14.3%

Summary: The Lansdowne housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2014-30.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lansdowne, you may be able to get a good deal. 35.7% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Lansdowne in November 2024, down by 30.0% month-over-month. Of the 14 sold homes, 36% were sold under asking, 29% were sold at asking, and 36% were sold over asking.

Days on Market for Lansdowne, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
24 Days38 Days+58.6%

Summary: Homes in Lansdowne had an average of 38 days on market in Nov 2024, up by 58.6% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 14 homes were sold in Lansdowne; 57% of homes were sold within 30 days, 29% 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 2 Days Ago

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