$5,926 Closing Credit*
$499,000
3 Beds
•3 Full Baths
Maya Dheyab, Listing Office: Realty Mark Associates
Is Templetown, 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, Templetown was a Seller's Market.
Key Takeaway
Templetown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Templetown, PA
How much do homes in Templetown, PA cost?
Median Sold Price
$229,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,000(-0.9%)
Key Takeaway
Homes in Templetown have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in Templetown was $229,000 in November 2024, down 0.9% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $115K | $105K | -8.7% |
| 3 Bedrooms | $270K | $200K | -25.9% |
| 4 Bedrooms | $248K | $250K | +0.8% |
| 5+ Bedrooms | $216.6K | $230K | +6.1% |
Summary: Templetown 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 8.7%, 3 bedroom homes decreased by 25.9%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 6.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Glenwood | $70K | $80K | +14.3% |
| Lower North Philadelphia | $370.2K | $373.3K | +0.8% |
| Templetown | $231K | $229K | -0.9% |
| Olde Kensington | $505K | $443.7K | -12.1% |
Housing Supply in Templetown, PA
How many homes are available in Templetown, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 55 | +7.8% |
Summary: The Templetown real estate market had 55 homes for sale in November 2024, a 7.8% 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 | 4 | 5 | +25.0% |
| 3 Bedrooms | 16 | 21 | +31.3% |
| 4 Bedrooms | 23 | 20 | -13.0% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Templetown 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 25%, 3 bedroom homes increased by 31.3%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Templetown, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Templetown in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Templetown, PA
How long does it take to sell a home in Templetown, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 83 Days | +243.0% |
Summary: Homes in Templetown had an average of 83 days on market in Nov 2024, up by 243% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Templetown has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Templetown; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
