$2,945 Closing Credit*
$248,000
1,292 SqFt
3 Beds
•1 Full Bath
Qihong Feng, Listing Office: Acre Real Estate Group LLC
Is Tacony, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Tacony has remained a Seller's Market.
Key Takeaway
Tacony is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tacony, PA
How much do homes in Tacony, PA cost?
Median Sold Price
$205,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+10.8%)
Key Takeaway
Homes in Tacony have sold for 10.8% more than they did a year ago.
Summary: The median home sold price in Tacony was $205,000 in October 2024, up 10.8% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $164K | +49.1% |
| 2 Bedrooms | $160K | $169.9K | +6.2% |
| 3 Bedrooms | $190K | $205K | +7.9% |
| 4 Bedrooms | $268K | $249K | -7.1% |
| 5+ Bedrooms | $140K | $282.5K | +101.8% |
Summary: Tacony housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 49.1%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 101.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Tacony | $185K | $205K | +10.8% |
| Near Northeast Philadelphia | $219.4K | $228.7K | +4.2% |
| Mayfair | $239.3K | $249K | +4.0% |
| Holmesburg | $212K | $220K | +3.8% |
Housing Supply in Tacony, PA
How many homes are available in Tacony, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 52 | 52 | 0.0% |
Summary: The Tacony real estate market had 52 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 35 | 38 | +8.6% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Tacony 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 decreased by 12.5%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 11 | -31.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tacony, expect to pay close to the asking price. 63.6% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in Tacony in October 2024, down by 31.3% month-over-month. Of the 11 sold homes, 9% were sold under asking, 64% were sold at asking, and 27% were sold over asking.
Days on Market for Tacony, PA
How long does it take to sell a home in Tacony, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 37 Days | +23.7% |
Summary: Homes in Tacony had an average of 37 days on market in Oct 2024, up by 23.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tacony are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in Tacony; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
