$2,552 Closing Credit*
$214,900
1,030 SqFt
2 Beds
•1 Full Bath, 1 Partial
Miosotis Boyce, Listing Office: EXP Realty, LLC
Is Summerdale, 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, Summerdale was a Seller's Market.
Key Takeaway
Summerdale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Summerdale, PA
How much do homes in Summerdale, PA cost?
Median Sold Price
$182,500
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,500(+1.4%)
Key Takeaway
Homes in Summerdale have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in Summerdale was $182,500 in November 2024, up 1.4% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | $137.5K | -19.1% |
| 3 Bedrooms | $180K | $183.7K | +2.1% |
| 4 Bedrooms | $214.5K | $215K | 0.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Summerdale 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 decreased by 19.1%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Crescentville | $199.9K | $217K | +8.5% |
| Oxford Circle | $224.9K | $243.5K | +8.2% |
| Lawndale | $249.4K | $269K | +7.8% |
| Northwood | $180K | $185.5K | +3.1% |
| Summerdale | $180K | $182.5K | +1.4% |
Housing Supply in Summerdale, PA
How many homes are available in Summerdale, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 21 | +10.5% |
Summary: The Summerdale real estate market had 21 homes for sale in November 2024, a 10.5% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Summerdale 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 increased by 21.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Summerdale, 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 Summerdale in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Summerdale, PA
How long does it take to sell a home in Summerdale, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 93 Days | 25 Days | -73.2% |
Summary: Homes in Summerdale had an average of 25 days on market in Nov 2024, down by 73.2% 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
Key Takeaway
Many homes in Summerdale are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Summerdale; 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.
