$7,124 Closing Credit*
$599,900
1,484 SqFt
Michael A Giangiordano II, Listing Office: Century 21 Forrester Real Estate
Is Pennsport, 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, Pennsport has remained a Seller's Market.
Key Takeaway
Pennsport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pennsport, PA
How much do homes in Pennsport, PA cost?
Median Sold Price
$402,000
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$39,550(+10.9%)
Key Takeaway
Homes in Pennsport have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in Pennsport was $402,000 in November 2024, up 10.9% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $247.5K | $220.5K | -10.9% |
| 2 Bedrooms | $261.5K | $301K | +15.1% |
| 3 Bedrooms | $440K | $475K | +8.0% |
| 4 Bedrooms | $583K | $705K | +20.9% |
| 5+ Bedrooms | $592.7K | $535K | -9.7% |
Summary: Pennsport housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.9%, 2 bedroom homes increased by 15.1%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 20.9%, and 5+ bedroom homes decreased by 9.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Pennsport | $362.4K | $402K | +10.9% |
| South Philadelphia | $342.8K | $346.5K | +1.1% |
| Whitman | $270K | $256K | -5.2% |
| Dickson Narrows | $425K | $399.9K | -5.9% |
| Queen Village | $597K | $548.2K | -8.2% |
Housing Supply in Pennsport, PA
How many homes are available in Pennsport, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 41 | -16.3% |
Summary: The Pennsport real estate market had 41 homes for sale in November 2024, a 16.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 19 | 16 | -15.8% |
| 3 Bedrooms | 21 | 18 | -14.3% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Pennsport housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 15.8%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pennsport, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Pennsport in November 2024, down by 12.5% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Pennsport, PA
How long does it take to sell a home in Pennsport, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 52 Days | 62 Days | +19.8% |
Summary: Homes in Pennsport had an average of 62 days on market in Nov 2024, up by 19.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pennsport are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Pennsport; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
