Lower Merion Township Housing Market Report April 2025•Montgomery County, Pennsylvania

hero building illustration for mobile

Housing Prices in Lower Merion Township, PA

How much do homes in Lower Merion Township, PA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$899,900$329/SqFt
+$2,400
0.3%

Based on all homes listed in April 2025

Insight

The list price of homes in Lower Merion Township has remained the same since March.

Summary: The median home list price in Lower Merion Township was $899,900 in April 2025, up 0.3% from the previous month, and the median price per square foot was $329.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Havertown
+4.5%
Lower Merion Township
0.3%
Haverford Township
0.0%
Narberth
-7.1%
Ardmore
-32.3%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2025Apr 2025Change MoM
1$205K$215K
+4.9%
2$271.2K$288.6K
+6.4%
3$562.5K$675K
+20.0%
4$1.1M$1.1M
-2.2%
5$2.1M$2.1M
+2.2%

Summary: Lower Merion Township housing price by bedroom type for April 2025, compared to the previous month. The home price for 1 bedroom homes increased by +4.9%. The home price for 2 bedroom homes increased by +6.4%. The home price for 3 bedroom homes increased by +20.0%. The home price for 4 bedroom homes decreased by -2.2%. The home price for 5 bedroom homes increased by +2.2%.

How does Lower Merion Township, PA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Lower Merion Township, PA

Housing supply in Lower Merion Township, PA

How many homes are available in Lower Merion Township, PA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
180Last MonthApr 2025
982 months agoMar 2025
+83.7 %
Change MoMMar – Apr

Summary: The Lower Merion Township real estate market had 180 homes for sale in Apr 2025, a 83.7 % increase compared to Mar 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
1411
+175.0%
22630
+15.4%
31637
+131.3%
41845
+150.0%
53457
+67.6%

Summary: Lower Merion Township housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +175.0%. The inventory for 2 bedroom homes increased by +15.4%. The inventory for 3 bedroom homes increased by +131.3%. The inventory for 4 bedroom homes increased by +150.0%. The inventory for 5 bedroom homes increased by +67.6%.

Asking Price vs. Sold Price

How much do homes in Lower Merion Township, PA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Lower Merion Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Lower Merion Township in April 2025, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Lower Merion Township, PA

How long does it take to sell a home in Lower Merion Township, PA?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in Lower Merion Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2025, 1 homes were sold in Lower Merion Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
49 DaysLast MonthApr 2025
55 Days1 month agoMar 2025
-11.2 %
Change MoMMar – Apr

Summary: Homes in Lower Merion Township had an average listing age of 49 days in Apr 2025, down by 11.2% compared to the previous month.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Lower Merion Township, PA

What homes are available in Lower Merion Township, PA?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in Pennsylvania

MLS Disclaimers and Copyright

Based on information from BrightMLS, for the period 03/01/2025 - 05/01/2025

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/20/2025, 12:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.