Is Roxborough / Manayunk, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roxborough / Manayunk is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Roxborough / Manayunk has remained a Seller's Market.

Key Takeaway

Roxborough / Manayunk is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Roxborough / Manayunk, PA

How much do homes in Roxborough / Manayunk, PA cost?

Median Sold Price

$365,250

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,250(+5.9%)

Key Takeaway

Homes in Roxborough / Manayunk have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Roxborough / Manayunk was $365,250 in October 2024, up 5.9% from last year, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $170K$179.9K
+5.8%
2 $253K$256K
+1.2%
3 $350K$365.7K
+4.5%
4 $435K$445K
+2.3%
5+ $422.5K$400K
-5.3%

Summary: Roxborough / Manayunk housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.8%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 5.3%.

Median Sold Price Compared To Nearby Neighborhoods

Dearnley Park
+29.7%
Manayunk
+10.6%
Roxborough / Manayunk
+5.9%
Roxborough
+3.2%
Andorra
-4.0%

Housing Supply in Roxborough / Manayunk, PA

How many homes are available in Roxborough / Manayunk, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
205217+5.9%

Summary: The Roxborough / Manayunk real estate market had 217 homes for sale in October 2024, a 5.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 1718
+5.9%
3 102107
+4.9%
4 7374
+1.4%
5+ 1115
+36.4%

Summary: The Roxborough / Manayunk housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 36.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4047+17.5%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roxborough / Manayunk, you may be able to get a good deal. 38.3% of homes here sold below asking price last month.

Summary: A total of 47 homes were sold or pending in Roxborough / Manayunk in October 2024, up by 17.5% month-over-month. Of the 47 sold homes, 38% were sold under asking, 23% were sold at asking, and 38% were sold over asking.

Days on Market for Roxborough / Manayunk, PA

How long does it take to sell a home in Roxborough / Manayunk, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days21 Days-15.1%

Summary: Homes in Roxborough / Manayunk had an average of 21 days on market in Oct 2024, down by 15.1% compared to last year.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Roxborough / Manayunk are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 47 homes were sold in Roxborough / Manayunk; 77% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

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