$46,834
0.03 Acres
Land
Kelly A Evanosich, Listing Office: Keller Williams Main Line
Is Nicetown, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Nicetown was a Seller's Market.
Key Takeaway
Nicetown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Nicetown, PA
How much do homes in Nicetown, PA cost?
Median Sold Price
$90,990
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,510(-10.4%)
Key Takeaway
Homes in Nicetown have sold for 10.4% less than they did a year ago.
Summary: The median home sold price in Nicetown was $90,990 in November 2024, down 10.4% from last year, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $90K | $80K | -11.1% |
| 3 Bedrooms | $90K | $99.9K | +11.1% |
| 4 Bedrooms | $162K | $177.5K | +9.6% |
| 5+ Bedrooms | - | $57K | N/A |
Summary: Nicetown 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 11.1%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Tioga | $95K | $113K | +18.9% |
| Logan | $127K | $145K | +14.2% |
| Hunting Park | $82.5K | $91.5K | +10.9% |
| Upper North Philadelphia | $82.5K | $90.6K | +9.8% |
| Nicetown | $101.5K | $90.9K | -10.4% |
Housing Supply in Nicetown, PA
How many homes are available in Nicetown, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 17 | -5.6% |
Summary: The Nicetown real estate market had 17 homes for sale in November 2024, a 5.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Nicetown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Nicetown, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Nicetown in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 1 Days | 35 Days | +2562.5% |
Summary: Homes in Nicetown had an average of 35 days on market in Nov 2024, up by 2562.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Nicetown are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Nicetown; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
