$10,000 Closing Credit*
$1,450,000
4,482 SqFt
5 Beds
•3 Full Baths, 1 Partial
Michele Cooley, Listing Office: BHHS Fox & Roach-Center City Walnut
Is Plymouth Meeting, 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, Plymouth Meeting has remained a Seller's Market.
Key Takeaway
Plymouth Meeting is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Plymouth Meeting, PA
How much do homes in Plymouth Meeting, PA cost?
Median Sold Price
$550,000
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$55,000(+11.1%)
Key Takeaway
Homes in Plymouth Meeting have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Plymouth Meeting was $550,000 in November 2024, up 11.1% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $210K | -8.7% |
| 2 Bedrooms | $317.5K | $244.9K | -22.9% |
| 3 Bedrooms | $450K | $490K | +8.9% |
| 4 Bedrooms | $550K | $715K | +30.0% |
| 5+ Bedrooms | $1.1M | $721.5K | -34.6% |
Summary: Plymouth Meeting housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.7%, 2 bedroom homes decreased by 22.9%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 34.6%.
Median Sold Price Compared To Nearby Cities
| Lafayette Hill | $555K | $652K | +17.5% |
| Plymouth Meeting | $495K | $550K | +11.1% |
| Whitemarsh Township | $574K | $620K | +8.0% |
| Plymouth Township | $485K | $520K | +7.2% |
| Norristown | $317.2K | $338.4K | +6.7% |
Housing Supply in Plymouth Meeting, PA
How many homes are available in Plymouth Meeting, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 50 | +4.2% |
Summary: The Plymouth Meeting real estate market had 50 homes for sale in November 2024, a 4.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 17 | 18 | +5.9% |
| 4 Bedrooms | 23 | 20 | -13.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Plymouth Meeting housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 17 | +142.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Plymouth Meeting, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Plymouth Meeting in November 2024, up by 142.9% month-over-month. Of the 17 sold homes, 41% were sold under asking, 12% were sold at asking, and 47% were sold over asking.
Days on Market for Plymouth Meeting, PA
How long does it take to sell a home in Plymouth Meeting, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 22 Days | +18.2% |
Summary: Homes in Plymouth Meeting had an average of 22 days on market in Nov 2024, up by 18.2% compared to last year.
Breakdown of Home Sale Times
13 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 Plymouth Meeting are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in Plymouth Meeting; 76% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
