$5,641 Closing Credit*
$475,000
1,420 SqFt
3 Beds
•1 Full Bath, 1 Partial
Lori A Salmon, Listing Office: BHHS Fox & Roach-Blue Bell
Is Plymouth Meeting, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Plymouth Meeting was a Seller's Market.
Key Takeaway
Plymouth Meeting 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 Plymouth Meeting, PA
How much do homes in Plymouth Meeting, PA cost?
Median Sold Price
$550,000
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$72,500(+15.2%)
Key Takeaway
Homes in Plymouth Meeting have sold for 15.2% more than they did a year ago.
Summary: The median home sold price in Plymouth Meeting was $550,000 in October 2024, up 15.2% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $212.5K | $210K | -1.2% |
| 2 Bedrooms | $315K | $244.9K | -22.3% |
| 3 Bedrooms | $450K | $500K | +11.1% |
| 4 Bedrooms | $550K | $715K | +30.0% |
| 5+ Bedrooms | $1.2M | $800K | -36.8% |
Summary: Plymouth Meeting housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes decreased by 22.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 36.8%.
Median Sold Price Compared To Nearby Cities
| Lafayette Hill | $540K | $652K | +20.7% |
| Plymouth Meeting | $477.5K | $550K | +15.2% |
| Whitemarsh Township | $545K | $615K | +12.8% |
| Plymouth Township | $466.2K | $520K | +11.5% |
| Norristown | $310.4K | $336.8K | +8.5% |
Housing Supply in Plymouth Meeting, PA
How many homes are available in Plymouth Meeting, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 49 | +6.5% |
Summary: The Plymouth Meeting real estate market had 49 homes for sale in October 2024, a 6.5% 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 | 2 | -33.3% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 25 | 25 | 0.0% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Plymouth Meeting 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 decreased by 33.3%, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Plymouth Meeting, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Plymouth Meeting in October 2024, down by 36.4% month-over-month. Of the 7 sold homes, 14% were sold under asking, 43% were sold at asking, and 43% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 17 Days | +2.7% |
Summary: Homes in Plymouth Meeting had an average of 17 days on market in Oct 2024, up by 2.7% compared to last year.
Breakdown of Home Sale Times
6 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 Plymouth Meeting are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Plymouth Meeting; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
