Is Springdale, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Springdale is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Springdale 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 Springdale, PA

How much do homes in Springdale, PA cost?

Median Sold Price

$160,000

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,000(+6.7%)

Key Takeaway

Homes in Springdale have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Springdale was $160,000 in November 2024, up 6.7% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $140K-
N/A
2 $135K$150.1K
+11.2%
3 $158.5K$180K
+13.6%
4 $190K$206K
+8.4%
5+ --
N/A

Summary: Springdale 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 11.2%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Springdale Township
+12.7%
Springdale
+6.7%
Plum
+4.0%

Housing Supply in Springdale, PA

How many homes are available in Springdale, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1312-7.7%

Summary: The Springdale real estate market had 12 homes for sale in November 2024, a 7.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 97
-22.2%
4 23
+50.0%
5+ 00
0.0%

Summary: The Springdale 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 remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Springdale, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Springdale in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Springdale, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
84 Days25 Days-70.3%

Summary: Homes in Springdale had an average of 25 days on market in Nov 2024, down by 70.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Springdale; 50% of homes were sold within 30 days, 50% 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 Springdale, PA

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