$8,311 Closing Credit*
$699,900
3,150 SqFt
3 Beds
•3 Full Baths
Nancy L Alperin, Listing Office: MAXWELL REALTY COMPANY
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 October 2023
At the same time last year, Snyder / Passyunk West was a Neutral Market.
Key Takeaway
Snyder / Passyunk West is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Snyder / Passyunk West, PA
How much do homes in Snyder / Passyunk West, PA cost?
Median Sold Price
$250,000
$216/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since October 2023.
Key Takeaway
The sold price of homes in Snyder / Passyunk West has remained the same since last year.
Summary: The median home sold price in Snyder / Passyunk West was $250,000 in October 2024, the same as last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $210K | $240K | +14.3% |
| 3 Bedrooms | $250K | $251.5K | +0.6% |
| 4 Bedrooms | $320K | $299K | -6.6% |
| 5+ Bedrooms | $340K | - | N/A |
Summary: Snyder / Passyunk West housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Passayunk Square | $400K | $416.2K | +4.1% |
| South Philadelphia | $342.2K | $349.9K | +2.3% |
| Point Breeze | $330K | $335K | +1.5% |
| Snyder / Passyunk West | $250K | $250K | 0.0% |
| Gray's Ferry | $212K | $210K | -0.9% |
Housing Supply in Snyder / Passyunk West, PA
How many homes are available in Snyder / Passyunk West, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 117 | 145 | +23.9% |
Summary: The Snyder / Passyunk West real estate market had 145 homes for sale in October 2024, a 23.9% 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 | 27 | 30 | +11.1% |
| 3 Bedrooms | 68 | 91 | +33.8% |
| 4 Bedrooms | 21 | 22 | +4.8% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Snyder / Passyunk West 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 increased by 11.1%, 3 bedroom homes increased by 33.8%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 20 | +66.7% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 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. 80% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Snyder / Passyunk West in October 2024, up by 66.7% month-over-month. Of the 20 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 44 Days | 56 Days | +26.8% |
Summary: Homes in Snyder / Passyunk West had an average of 56 days on market in Oct 2024, up by 26.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 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 October 2024, 20 homes were sold in Snyder / Passyunk West; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
