$5,641 Closing Credit*
$475,000
1,460 SqFt
2 Beds
•1 Full Bath, 1 Partial
Colby Martin, Listing Office: Keller Williams Real Estate -Exton
Is Nether Providence 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, 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
$435,000
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+6.1%)
Key Takeaway
Homes in Nether Providence Township have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Nether Providence Township was $435,000 in October 2024, up 6.1% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $199K | +20.6% |
| 2 Bedrooms | $205K | $270K | +31.7% |
| 3 Bedrooms | $367.5K | $395K | +7.5% |
| 4 Bedrooms | $640K | $605K | -5.5% |
| 5+ Bedrooms | $680K | $795K | +16.9% |
Summary: Nether Providence Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.6%, 2 bedroom homes increased by 31.7%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes increased by 16.9%.
Median Sold Price Compared To Nearby Cities
| Wallingford | $375K | $435K | +16.0% |
| Nether Providence Township | $410K | $435K | +6.1% |
| Media | $594.5K | $592.7K | -0.3% |
| Swarthmore | $407.5K | $360K | -11.7% |
Housing Supply in Nether Providence Township, PA
How many homes are available in Nether Providence Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 45 | -6.3% |
Summary: The Nether Providence Township real estate market had 45 homes for sale in October 2024, a 6.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 14 | 10 | -28.6% |
| 4 Bedrooms | 19 | 15 | -21.1% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Nether Providence 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 increased by 20%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Nether Providence Township, you could pay more than the asking price. 61.5% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Nether Providence Township in October 2024, down by 7.1% month-over-month. Of the 13 sold homes, 15% were sold under asking, 23% were sold at asking, and 62% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 6 Days | 12 Days | +84.2% |
Summary: Homes in Nether Providence Township had an average of 12 days on market in Oct 2024, up by 84.2% compared to last year.
Breakdown of Home Sale Times
11 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 Nether Providence Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in Nether Providence Township; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
