$119,000
0.03 Acres
Land
David Snyder, Listing Office: KW Empower
Is Parkside, 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, Parkside has remained a Seller's Market.
Key Takeaway
Parkside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Parkside, PA
How much do homes in Parkside, PA cost?
Median Sold Price
$145,000
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,000(+1.4%)
Key Takeaway
Homes in Parkside have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in Parkside was $145,000 in October 2024, up 1.4% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $96.7K | $144.5K | +49.4% |
| 3 Bedrooms | $160K | $137.5K | -14.1% |
| 4 Bedrooms | $162.5K | $174.5K | +7.4% |
| 5+ Bedrooms | $145K | $155K | +6.9% |
Summary: Parkside 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 increased by 49.4%, 3 bedroom homes decreased by 14.1%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 6.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Wynnefield | $246K | $255K | +3.7% |
| West Philadelphia | $179.9K | $183.6K | +2.1% |
| Parkside | $143K | $145K | +1.4% |
| Mill Creek | $125K | $123K | -1.6% |
Housing Supply in Parkside, PA
How many homes are available in Parkside, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Summary: The Parkside real estate market had 20 homes for sale in October 2024, a 5.3% 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 | 10 | 9 | -10.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Parkside 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 decreased by 10%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
5 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 Parkside, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Parkside in October 2024, up by 166.7% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 482 Days | 19 Days | -95.9% |
Summary: Homes in Parkside had an average of 19 days on market in Oct 2024, down by 95.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were 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 October 2024, 8 homes were sold in Parkside; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
