$7,066 Closing Credit*
$595,000
2,053 SqFt
3 Beds
•2 Full Baths, 1 Partial
Allison Sumser, Listing Office: RE/MAX Ready
Is Marple Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Marple Township has remained a Seller's Market.
Key Takeaway
Marple Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marple Township, PA
How much do homes in Marple Township, PA cost?
Median Sold Price
$550,000
$284/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$40,000(+7.8%)
Key Takeaway
Homes in Marple Township have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Marple Township was $550,000 in October 2024, up 7.8% from last year, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | - | N/A |
| 2 Bedrooms | $255K | $300K | +17.6% |
| 3 Bedrooms | $488K | $525K | +7.6% |
| 4 Bedrooms | $585K | $635K | +8.5% |
| 5+ Bedrooms | $801K | $1.6M | +108.1% |
Summary: Marple Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 108.1%.
Median Sold Price Compared To Nearby Cities
| Marple Township | $510K | $550K | +7.8% |
| Springfield | $443.4K | $467.5K | +5.4% |
| Broomall | $500K | $525K | +5.0% |
| Upper Providence Township | $628.2K | $650K | +3.5% |
| Newtown Township | $690.2K | $641K | -7.1% |
Housing Supply in Marple Township, PA
How many homes are available in Marple Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 66 | 65 | -1.5% |
Summary: The Marple Township real estate market had 65 homes for sale in October 2024, a 1.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 30 | 23 | -23.3% |
| 4 Bedrooms | 20 | 22 | +10.0% |
| 5+ Bedrooms | 10 | 14 | +40.0% |
Summary: The Marple Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 23.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 16 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marple Township, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Marple Township in October 2024, down by 20.0% month-over-month. Of the 16 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.
Days on Market for Marple Township, PA
How long does it take to sell a home in Marple Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 16 Days | -4.5% |
Summary: Homes in Marple Township had an average of 16 days on market in Oct 2024, down by 4.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Marple Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in Marple Township; 81% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
