Is Sharon Hill, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sharon Hill is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Sharon Hill was a Seller's Market.

Key Takeaway

Sharon Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sharon Hill, PA

How much do homes in Sharon Hill, PA cost?

Median Sold Price

$200,000

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+8.1%)

Key Takeaway

Homes in Sharon Hill have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in Sharon Hill was $200,000 in November 2024, up 8.1% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $103K-
N/A
2 $97.5K$109K
+11.8%
3 $189.9K$202.5K
+6.6%
4 $223K$230K
+3.1%
5+ $211K$270K
+28.0%

Summary: Sharon Hill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 28%.

Median Sold Price Compared To Nearby Cities

Colwyn
+16.2%
Sharon Hill
+8.1%
Darby
+5.9%
Darby Township
+2.6%
Collingdale
0.0%

Housing Supply in Sharon Hill, PA

How many homes are available in Sharon Hill, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2116-23.8%

Summary: The Sharon Hill real estate market had 16 homes for sale in November 2024, a 23.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 1412
-14.3%
4 42
-50.0%
5+ 22
0.0%

Summary: The Sharon Hill housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
92-77.8%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sharon Hill, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Sharon Hill in November 2024, down by 77.8% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Sharon Hill, PA

How long does it take to sell a home in Sharon Hill, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
45 Days3 Days-93.4%

Summary: Homes in Sharon Hill had an average of 3 days on market in Nov 2024, down by 93.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sharon Hill are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Sharon Hill; 100% of homes were sold within 30 days, 0% 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 2 Days Ago

Newest Listings in Sharon Hill, PA

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