$49,500
0.02 Acres
Land
Fred R Levine, Listing Office: Fred R Levine Real Estate
Is Parkside, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Parkside has remained a Neutral Market.
Key Takeaway
Parkside is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Parkside, PA
How much do homes in Parkside, PA cost?
Median Sold Price
$145,000
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$7,500(-4.9%)
Key Takeaway
Homes in Parkside have sold for 4.9% less than they did a year ago.
Summary: The median home sold price in Parkside was $145,000 in November 2024, down 4.9% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $96.7K | $144.5K | +49.4% |
| 3 Bedrooms | $169.2K | $123K | -27.3% |
| 4 Bedrooms | $185K | $252K | +36.2% |
| 5+ Bedrooms | $145K | $155K | +6.9% |
Summary: Parkside 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 increased by 49.4%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes increased by 36.2%, and 5+ bedroom homes increased by 6.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Wynnefield | $246K | $257.5K | +4.7% |
| West Philadelphia | $179.9K | $183.9K | +2.2% |
| Parkside | $152.5K | $145K | -4.9% |
Housing Supply in Parkside, PA
How many homes are available in Parkside, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 14 | -33.3% |
Summary: The Parkside real estate market had 14 homes for sale in November 2024, a 33.3% 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 | 1 | -66.7% |
| 3 Bedrooms | 10 | 6 | -40.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Parkside 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 66.7%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 2 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Parkside, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Parkside in November 2024, down by 75.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Parkside, PA
How long does it take to sell a home in Parkside, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 80 Days | 39 Days | -50.6% |
Summary: Homes in Parkside had an average of 39 days on market in Nov 2024, down by 50.6% 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 Parkside are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Parkside; 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.
