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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Manayunk is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Manayunk, PA

How much do homes in Manayunk, PA cost?

Median Sold Price

$354,833

$238/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$34,000(+10.6%)

Key Takeaway

Homes in Manayunk have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in Manayunk was $354,833 in October 2024, up 10.6% from last year, and the median price per square foot was $238.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $224.5K$258.5K
+15.1%
2 $270K$265K
-1.9%
3 $320K$352K
+10.0%
4 $390K$413.2K
+6.0%
5+ $375K$400K
+6.7%

Summary: Manayunk housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.1%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 6.7%.

Median Sold Price Compared To Nearby Neighborhoods

Dearnley Park
+29.7%
Manayunk
+10.6%
Wissahickon
+8.3%
Roxborough / Manayunk
+5.9%
Roxborough
+3.2%

Housing Supply in Manayunk, PA

How many homes are available in Manayunk, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8997+9.0%

Summary: The Manayunk real estate market had 97 homes for sale in October 2024, a 9.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 75
-28.6%
3 4451
+15.9%
4 3433
-2.9%
5+ 36
+100.0%

Summary: The Manayunk 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 28.6%, 3 bedroom homes increased by 15.9%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2023+15.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Manayunk, you could pay more than the asking price. 47.8% of homes here sold above asking price last month.

Summary: A total of 23 homes were sold or pending in Manayunk in October 2024, up by 15.0% month-over-month. Of the 23 sold homes, 30% were sold under asking, 22% were sold at asking, and 48% were sold over asking.

Days on Market for Manayunk, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days16 Days-20.3%

Summary: Homes in Manayunk had an average of 16 days on market in Oct 2024, down by 20.3% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 23 homes were sold in Manayunk; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

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