$39,999
0.02 Acres
Land
Michael P Cohen, Listing Office: KW Empower
Is Templetown, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Templetown was a Neutral 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
$207,500
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$17,500(-7.8%)
Key Takeaway
Homes in Templetown have sold for 7.8% less than they did a year ago.
Summary: The median home sold price in Templetown was $207,500 in October 2024, down 7.8% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $115K | $105K | -8.7% |
| 3 Bedrooms | $192.5K | $200K | +3.9% |
| 4 Bedrooms | $241K | $250K | +3.7% |
| 5+ Bedrooms | $250K | $205K | -18.0% |
Summary: Templetown housing prices by bedroom type for October 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 increased by 3.9%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 18%.
Median Sold Price Compared To Nearby Neighborhoods
| Glenwood | $71.5K | $77.5K | +8.4% |
| Lower North Philadelphia | $371.2K | $375K | +1.0% |
| Hartranft | $320K | $302.5K | -5.5% |
| Templetown | $225K | $207.5K | -7.8% |
| Olde Kensington | $519K | $443.7K | -14.5% |
Housing Supply in Templetown, PA
How many homes are available in Templetown, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 47 | 53 | +12.8% |
Summary: The Templetown real estate market had 53 homes for sale in October 2024, a 12.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 19 | 21 | +10.5% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Templetown 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 increased by 20%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
3 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 3 homes were sold or pending in Templetown in October 2024, down by 40.0% month-over-month. Of the 3 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 114 Days | 127 Days | +11.7% |
Summary: Homes in Templetown had an average of 127 days on market in Oct 2024, up by 11.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Templetown are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in Templetown; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
