$3,798 Closing Credit*
$319,850
1,733 SqFt
5 Beds
•2 Full Baths, 1 Partial
Ivan Kiyatkin, Listing Office: BHHS Fox & Roach-Center City Walnut
Is Nicetown, 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, Nicetown has remained a Seller's Market.
Key Takeaway
Nicetown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Nicetown, PA
How much do homes in Nicetown, PA cost?
Median Sold Price
$80,000
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$30,000(-27.3%)
Key Takeaway
Homes in Nicetown have sold for 27.3% less than they did a year ago.
Summary: The median home sold price in Nicetown was $80,000 in October 2024, down 27.3% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $116.5K | $77.1K | -33.8% |
| 3 Bedrooms | $103K | $82K | -20.4% |
| 4 Bedrooms | $162K | $177.5K | +9.6% |
| 5+ Bedrooms | $107K | $57K | -46.7% |
Summary: Nicetown 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 decreased by 33.8%, 3 bedroom homes decreased by 20.4%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes decreased by 46.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Tioga | $95K | $111.2K | +17.1% |
| Logan | $130K | $137.5K | +5.8% |
| Upper North Philadelphia | $90K | $81.2K | -9.8% |
| Hunting Park | $104K | $80K | -23.1% |
| Nicetown | $110K | $80K | -27.3% |
Housing Supply in Nicetown, PA
How many homes are available in Nicetown, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 20 | +17.6% |
Summary: The Nicetown real estate market had 20 homes for sale in October 2024, a 17.6% increase 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 13 | 14 | +7.7% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Nicetown 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 increased by 7.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Nicetown, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Nicetown in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Nicetown, PA
How long does it take to sell a home in Nicetown, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 131 Days | 34 Days | -74.2% |
Summary: Homes in Nicetown had an average of 34 days on market in Oct 2024, down by 74.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Nicetown are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Nicetown; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
