#PAPH2439448, Jocelyn Sanchez, Listing Office: Homestarr Realty
Near Northeast Philadelphia Housing Market Report January 2025•Philadelphia County, Pennsylvania
Housing Prices in Near Northeast Philadelphia, PA
How much do homes in Near Northeast Philadelphia, PA cost?
Housing Market Conditions
Is Near Northeast Philadelphia, PA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Near Northeast Philadelphia is a Seller's Market
Difference Since January 2024
Since last year, Near Northeast Philadelphia has remained a Seller's Market.
Near Northeast Philadelphia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Near Northeast Philadelphia have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Near Northeast Philadelphia was $230,244 in January 2025, up 4.7% from last year, and the median price per square foot was $182.
Median Sold Price By Neighborhoods
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Lexington Park | $310K | $345K | +11.3% |
Oxford Circle | $224.9K | $245K | +8.9% |
Wissinoming | $189.5K | $200K | +5.5% |
Near Northeast Philadelphia | $219.9K | $230.2K | +4.7% |
Mayfair | $241.8K | $247K | +2.1% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $108K | $114.5K | +6.0% |
22 Bedrooms | $170K | $179.4K | +5.6% |
33 Bedrooms | $220K | $230.7K | +4.9% |
44 Bedrooms | $252.4K | $268K | +6.2% |
55+ Bedrooms | $261K | $309K | +18.4% |
Summary: Near Northeast Philadelphia housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +6.0%. The home price for 2 bedroom homes increased by +5.6%. The home price for 3 bedroom homes increased by +4.9%. The home price for 4 bedroom homes increased by +6.2%. The home price for 5 bedroom homes increased by +18.4%.
Housing supply in Near Northeast Philadelphia, PA
How many homes are available in Near Northeast Philadelphia, PA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
678Last MonthJan 2025 | ||
6622 months agoDec 2024 | +2.4 % Change MoMDec – Jan |
Summary: The Near Northeast Philadelphia real estate market had 678 homes for sale in Jan 2025, a 2.4 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
118Last MonthJan 2025 | ||
1622 months agoDec 2024 | -27.2 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 8 | 8 | 0.0% |
22 Bedrooms | 58 | 61 | +5.2% |
33 Bedrooms | 507 | 515 | +1.6% |
44 Bedrooms | 68 | 71 | +4.4% |
55+ Bedrooms | 21 | 23 | +9.5% |
Summary: Near Northeast Philadelphia housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +5.2%. The inventory for 3 bedroom homes increased by +1.6%. The inventory for 4 bedroom homes increased by +4.4%. The inventory for 5 bedroom homes increased by +9.5%.
Asking Price vs. Sold Price
How much do homes in Near Northeast Philadelphia, PA cost?
Over Asking Price32 Homes
At Asking Price26 Homes
Under Asking Price60 Homes
If you're buying a home in Near Northeast Philadelphia, you may be able to get a good deal. 50.8% of homes here sold below asking price last month.
Summary: A total of 118 homes were sold or pending in Near Northeast Philadelphia in January 2025, down by 27.2% month-over-month. Of the 118 sold homes, 51% were sold under asking, 22% were sold at asking, and and 27% were sold over asking.
Days on Market for Near Northeast Philadelphia, PA
How long does it take to sell a home in Near Northeast Philadelphia, PA?
Breakdown of Home Sale Times
Under 30 Days73 Homes
30 – 90 Days29 Homes
Over 90 Days16 Homes
Many homes in Near Northeast Philadelphia are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 118 homes were sold in Near Northeast Philadelphia; 62% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
39 DaysThis YearJan 2025 | ||
31 Days1 year agoJan 2024 | +27.5 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Near Northeast Philadelphia had an average listing age of 39 days in Jan 2025, up by 27.5% compared to the previous year.
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Newest Listings in Near Northeast Philadelphia, PA
What homes are available in Near Northeast Philadelphia, PA?
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MLS Disclaimers and Copyright
Based on information from BrightMLS, Greater Lehigh Valley MLS, and OneKey MLS for the period 02/01/2023 - 02/01/2025
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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: 2/12/2025, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 5:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/12/2025, 5:11:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.