$45,000
0.02 Acres
Land
Kelly A Evanosich, Listing Office: Keller Williams Main Line
Is Upper North Philadelphia, 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, Upper North Philadelphia was a Seller's Market.
Key Takeaway
Upper North Philadelphia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Upper North Philadelphia, PA
How much do homes in Upper North Philadelphia, PA cost?
Median Sold Price
$90,600
$80/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,100(+9.8%)
Key Takeaway
Homes in Upper North Philadelphia have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in Upper North Philadelphia was $90,600 in November 2024, up 9.8% from last year, and the median price per square foot was $80.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $152.5K | N/A |
| 2 Bedrooms | $74.2K | $75K | +1.0% |
| 3 Bedrooms | $81.2K | $89.9K | +10.7% |
| 4 Bedrooms | $115K | $143.9K | +25.2% |
| 5+ Bedrooms | $116.5K | $135K | +15.9% |
Summary: Upper North Philadelphia 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 increased by 1%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 25.2%, and 5+ bedroom homes increased by 15.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Tioga | $95K | $113K | +18.9% |
| Glenwood | $70K | $80K | +14.3% |
| Upper North Philadelphia | $82.5K | $90.6K | +9.8% |
| Allegheny West | $85K | $86.5K | +1.8% |
| Nicetown | $101.5K | $90.9K | -10.4% |
Housing Supply in Upper North Philadelphia, PA
How many homes are available in Upper North Philadelphia, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 386 | 423 | +9.6% |
Summary: The Upper North Philadelphia real estate market had 423 homes for sale in November 2024, a 9.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 75 | 78 | +4.0% |
| 3 Bedrooms | 244 | 265 | +8.6% |
| 4 Bedrooms | 40 | 44 | +10.0% |
| 5+ Bedrooms | 24 | 33 | +37.5% |
Summary: The Upper North Philadelphia 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 4%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 30 | -43.4% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Upper North Philadelphia, you may be able to get a good deal. 63.3% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Upper North Philadelphia in November 2024, down by 43.4% month-over-month. Of the 30 sold homes, 63% were sold under asking, 20% were sold at asking, and 17% were sold over asking.
Days on Market for Upper North Philadelphia, PA
How long does it take to sell a home in Upper North Philadelphia, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 53 Days | +164.3% |
Summary: Homes in Upper North Philadelphia had an average of 53 days on market in Nov 2024, up by 164.3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Upper North Philadelphia are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 30 homes were sold in Upper North Philadelphia; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
