$1,603 Closing Credit*
$135,000
1,344 SqFt
4 Beds
•1 Full Bath
Lois A Dambro, Listing Office: Long & Foster Real Estate, Inc.
Is Marcus Hook, 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, Marcus Hook has remained a Seller's Market.
Key Takeaway
Marcus Hook is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marcus Hook, PA
How much do homes in Marcus Hook, PA cost?
Median Sold Price
$195,500
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,500(+5.7%)
Key Takeaway
Homes in Marcus Hook have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Marcus Hook was $195,500 in November 2024, up 5.7% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $67.5K | N/A |
| 2 Bedrooms | $250.5K | $232K | -7.4% |
| 3 Bedrooms | $158.5K | $190K | +19.9% |
| 4 Bedrooms | $185K | $225K | +21.6% |
| 5+ Bedrooms | $262.5K | $317.5K | +21.0% |
Summary: Marcus Hook housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.4%, 3 bedroom homes increased by 19.9%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes increased by 21%.
Median Sold Price Compared To Nearby Cities
| Trainer | $195K | $227K | +16.4% |
| Marcus Hook | $185K | $195.5K | +5.7% |
| Claymont | $330K | $330.1K | 0.0% |
Housing Supply in Marcus Hook, PA
How many homes are available in Marcus Hook, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 33 | -17.5% |
Summary: The Marcus Hook real estate market had 33 homes for sale in November 2024, a 17.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 29 | 25 | -13.8% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Marcus Hook housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marcus Hook, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Marcus Hook in November 2024, down by 28.6% month-over-month. Of the 10 sold homes, 20% were sold under asking, 30% were sold at asking, and 50% were sold over asking.
Days on Market for Marcus Hook, PA
How long does it take to sell a home in Marcus Hook, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 22 Days | +15.8% |
Summary: Homes in Marcus Hook had an average of 22 days on market in Nov 2024, up by 15.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Marcus Hook are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Marcus Hook; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
