$10,000 Closing Credit*
$1,499,000
3,200 SqFt
6 Beds
•4 Full Baths
Patrick M Conway, Listing Office: BHHS Fox & Roach-Center City Walnut
Is Society Hill, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Society Hill was a Seller's Market.
Key Takeaway
Society Hill 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 Society Hill, PA
How much do homes in Society Hill, PA cost?
Median Sold Price
$620,000
$406/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$120,100(+24.0%)
Key Takeaway
Homes in Society Hill have sold for 24% more than they did a year ago.
Summary: The median home sold price in Society Hill was $620,000 in November 2024, up 24% from last year, and the median price per square foot was $406.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $291.2K | -10.4% |
| 2 Bedrooms | $527.5K | $564.9K | +7.1% |
| 3 Bedrooms | $870K | $849K | -2.4% |
| 4 Bedrooms | $1.2M | $1.2M | +2.0% |
| 5+ Bedrooms | $1.3M | $1.8M | +40.4% |
Summary: Society Hill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.4%, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 40.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Society Hill | $499.9K | $620K | +24.0% |
| Washington Square West | $482K | $495K | +2.7% |
| Penn's Landing | $315K | $305.5K | -3.0% |
Housing Supply in Society Hill, PA
How many homes are available in Society Hill, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 76 | 83 | +9.2% |
Summary: The Society Hill real estate market had 83 homes for sale in November 2024, a 9.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 29 | 29 | 0.0% |
| 2 Bedrooms | 15 | 21 | +40.0% |
| 3 Bedrooms | 16 | 19 | +18.8% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Society 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 increased by 40%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Society Hill, you may be able to get a good deal. 84.6% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Society Hill in November 2024, up by 30.0% month-over-month. Of the 13 sold homes, 85% were sold under asking, 0% were sold at asking, and 15% were sold over asking.
Days on Market for Society Hill, PA
How long does it take to sell a home in Society Hill, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 32 Days | -7.4% |
Summary: Homes in Society Hill had an average of 32 days on market in Nov 2024, down by 7.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Society Hill has remained consistent over time.
Summary: During November 2024, 13 homes were sold in Society Hill; 46% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
