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 December 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

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$40,000(+18.2%)

Key Takeaway

Homes in Lansdowne have sold for 18.2% more than they did a year ago.

Summary: The median home sold price in Lansdowne was $260,000 in December 2024, up 18.2% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $105K$107K
+1.9%
2 $156.1K$166.3K
+6.5%
3 $210K$250K
+19.0%
4 $272K$290K
+6.6%
5+ $302.5K$355K
+17.4%

Summary: Lansdowne housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.9%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 17.4%.

Median Sold Price Compared To Nearby Cities

Yeadon
+20.1%
Lansdowne
+18.2%
Clifton Heights
+14.0%
Drexel Hill
+6.7%
Upper Darby Township
+3.0%

Housing Supply in Lansdowne, PA

How many homes are available in Lansdowne, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
7477+4.1%

Summary: The Lansdowne real estate market had 77 homes for sale in December 2024, a 4.1% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 34
+33.3%
2 00
0.0%
3 4243
+2.4%
4 1820
+11.1%
5+ 1110
-9.1%

Summary: The Lansdowne housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1621+31.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

7 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. 42.9% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Lansdowne in December 2024, up by 31.3% month-over-month. Of the 21 sold homes, 43% were sold under asking, 33% were sold at asking, and 24% 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

Dec 2023Dec 2024CHANGE
31 Days32 Days+4.6%

Summary: Homes in Lansdowne had an average of 32 days on market in Dec 2024, up by 4.6% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 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 December 2024, 21 homes were sold in Lansdowne; 76% of homes were sold within 30 days, 10% 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 4 Days Ago

Newest Listings in Lansdowne, PA

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