$1,366 Closing Credit*
$115,000
1,440 SqFt
3 Beds
•1 Full Bath
Kenneth Charles Prause, Listing Office: Opus Elite Real Estate
Is Tacony, 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, Tacony was a Seller's Market.
Key Takeaway
Tacony is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
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 November 2023
+$15,000(+7.9%)
Key Takeaway
Homes in Tacony have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in Tacony was $205,000 in November 2024, up 7.9% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $164K | +49.1% |
| 2 Bedrooms | $156K | $169.9K | +8.9% |
| 3 Bedrooms | $194K | $205K | +5.7% |
| 4 Bedrooms | $260K | $250K | -3.8% |
| 5+ Bedrooms | $147.5K | $300K | +103.4% |
Summary: Tacony housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 49.1%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 103.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Tacony | $190K | $205K | +7.9% |
| Near Northeast Philadelphia | $218.8K | $230K | +5.1% |
| Holmesburg | $210K | $220K | +4.8% |
| Mayfair | $239.9K | $247.3K | +3.1% |
Housing Supply in Tacony, PA
How many homes are available in Tacony, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 54 | +3.8% |
Summary: The Tacony real estate market had 54 homes for sale in November 2024, a 3.8% 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 | 6 | 5 | -16.7% |
| 3 Bedrooms | 40 | 45 | +12.5% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Tacony 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 decreased by 16.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 5 | -64.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Tacony, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Tacony in November 2024, down by 64.3% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 47 Days | -5.2% |
Summary: Homes in Tacony had an average of 47 days on market in Nov 2024, down by 5.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Tacony are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Tacony; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
