Is Nether Providence Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nether Providence Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Nether Providence Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Nether Providence Township, PA

How much do homes in Nether Providence Township, PA cost?

Median Sold Price

$461,550

$243/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$41,050(+9.8%)

Key Takeaway

Homes in Nether Providence Township have sold for 9.8% more than they did a year ago.

Summary: The median home sold price in Nether Providence Township was $461,550 in November 2024, up 9.8% from last year, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $165K$186K
+12.7%
2 $210.5K$280K
+33.0%
3 $380K$395K
+3.9%
4 $622K$612.5K
-1.5%
5+ $680K$790K
+16.2%

Summary: Nether Providence Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.7%, 2 bedroom homes increased by 33%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 16.2%.

Median Sold Price Compared To Nearby Cities

Wallingford
+10.8%
Nether Providence Township
+9.8%
Media
+4.8%
Swarthmore
-6.8%

Housing Supply in Nether Providence Township, PA

How many homes are available in Nether Providence Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3945+15.4%

Summary: The Nether Providence Township real estate market had 45 homes for sale in November 2024, a 15.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 23
+50.0%
2 109
-10.0%
3 814
+75.0%
4 1313
0.0%
5+ 66
0.0%

Summary: The Nether Providence Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
139-30.8%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nether Providence Township, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Nether Providence Township in November 2024, down by 30.8% month-over-month. Of the 9 sold homes, 44% were sold under asking, 0% were sold at asking, and 56% were sold over asking.

Days on Market for Nether Providence Township, PA

How long does it take to sell a home in Nether Providence Township, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days29 Days+38.4%

Summary: Homes in Nether Providence Township had an average of 29 days on market in Nov 2024, up by 38.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 9 homes were sold in Nether Providence Township; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% 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 17 Days Ago

Newest Listings in Nether Providence Township, PA

Nearby Markets to Nether Providence Township, PA

What housing markets are near Nether Providence Township, PA?