$950 Closing Credit*
$80,000
1,294 SqFt
3 Beds
•1 Full Bath
Stephanie L Olenik, Listing Office: KW Greater West Chester
Is Overbrook, 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, Overbrook was a Neutral Market.
Key Takeaway
Overbrook is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Overbrook, PA
How much do homes in Overbrook, PA cost?
Median Sold Price
$217,500
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,500(+6.1%)
Key Takeaway
Homes in Overbrook have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Overbrook was $217,500 in November 2024, up 6.1% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $212K | - | N/A |
| 2 Bedrooms | $197.5K | $127.5K | -35.4% |
| 3 Bedrooms | $194.9K | $200K | +2.6% |
| 4 Bedrooms | $264.9K | $285K | +7.5% |
| 5+ Bedrooms | $339K | $410K | +20.9% |
Summary: Overbrook 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 35.4%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 20.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Penn Wynne | $430K | $525K | +22.1% |
| Overbrook | $205K | $217.5K | +6.1% |
| West Philadelphia | $179.9K | $183.9K | +2.2% |
| Carroll Park | $127K | $128.2K | +1.0% |
| Haddington | $119.9K | $118K | -1.6% |
Housing Supply in Overbrook, PA
How many homes are available in Overbrook, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 79 | 79 | 0.0% |
Summary: The Overbrook real estate market had 79 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 56 | 59 | +5.4% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The Overbrook 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 remained the same, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 11 | -31.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Overbrook, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Overbrook in November 2024, down by 31.3% month-over-month. Of the 11 sold homes, 64% were sold under asking, 9% were sold at asking, and 27% were sold over asking.
Days on Market for Overbrook, PA
How long does it take to sell a home in Overbrook, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 40 Days | +90.5% |
Summary: Homes in Overbrook had an average of 40 days on market in Nov 2024, up by 90.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Overbrook are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Overbrook; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
