$225,000
0.04 Acres
Land
Michael R. McCann, Listing Office: KW Empower
Is Snyder / Passyunk West, 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, Snyder / Passyunk West has remained a Neutral Market.
Key Takeaway
Snyder / Passyunk West 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 Snyder / Passyunk West, PA
How much do homes in Snyder / Passyunk West, PA cost?
Median Sold Price
$254,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,000(+1.6%)
Key Takeaway
Homes in Snyder / Passyunk West have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Snyder / Passyunk West was $254,000 in November 2024, up 1.6% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200K | $240K | +20.0% |
| 3 Bedrooms | $250K | $252.5K | +1.0% |
| 4 Bedrooms | $320K | $305K | -4.7% |
| 5+ Bedrooms | $340K | - | N/A |
Summary: Snyder / Passyunk West 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 20%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Passayunk Square | $400K | $410K | +2.5% |
| Snyder / Passyunk West | $250K | $254K | +1.6% |
| South Philadelphia | $342.8K | $346.5K | +1.1% |
| Point Breeze | $334.8K | $335K | 0.0% |
| Gray's Ferry | $213.5K | $208K | -2.6% |
Housing Supply in Snyder / Passyunk West, PA
How many homes are available in Snyder / Passyunk West, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 129 | 130 | +0.8% |
Summary: The Snyder / Passyunk West real estate market had 130 homes for sale in November 2024, a 0.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 25 | 28 | +12.0% |
| 3 Bedrooms | 81 | 77 | -4.9% |
| 4 Bedrooms | 21 | 21 | 0.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Snyder / Passyunk West 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 increased by 12%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 21 | +5.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Snyder / Passyunk West, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Snyder / Passyunk West in November 2024, up by 5.0% month-over-month. Of the 21 sold homes, 48% were sold under asking, 29% were sold at asking, and 24% were sold over asking.
Days on Market for Snyder / Passyunk West, PA
How long does it take to sell a home in Snyder / Passyunk West, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 57 Days | +21.7% |
Summary: Homes in Snyder / Passyunk West had an average of 57 days on market in Nov 2024, up by 21.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Snyder / Passyunk West are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 21 homes were sold in Snyder / Passyunk West; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
