Merion Station, PA Home Values & Market Trends

Real estate market trends reflect that there have been 69 transactions over the past year in Merion Station. The median value for residential home transactions that occurred over the previous year is $919,718.29. The number of current listings in Merion Station is 5, and the percentage of properties for sale in the city is 5.00%. Merion Station, PA currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 5 properties for sale.

Merion Station, PA Real Estate Market Overview

ZipMedian Est. Value
19066

$ 1,226,847

$ 329/sqft

Housing Market Summary for Merion Station, PA

Apr 2023March 2024Change
Median Listing Price$447.4K$809.4K80.89%
Median Sold Price$875.6K$809.4K-7.56%
Homes For Sale24100.00%
Homes Sold222722.73%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Merion Station, PA

Merion Station home values range from $138,500 to $11,402,169. The median estimated value of a home in Merion Station is $919,718.29. The median list price of a home is 1,250,000, and the total count of properties in the city is 1,810.

Foreclosure
There is 1 zips within Merion Station, PA; within this zips, the median estimated home value for homes in foreclosure ranges from $389,875 in 19066 to the lowest value of $389,875 in 19066. Foreclosure homes account for 0.00% of properties in Merion Station, PA with 19066 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Merion Station, PA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Merion Station, PA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Merion Station, PA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Merion Station, PA. There is 1 zips within Merion Station, PA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    19066 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Merion Station, PA. Auction homes and other auction properties account for 0.06% of all properties in Merion Station, PA. There is 1 zips within Merion Station, PA; of that zips, the median estimated home value for homes going to auction ranges from $389,875 in 19066 to the lowest value of $389,875 in 19066.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.28% of residential properties in Merion Station, PA with 19066 containing 5 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Merion Station, PA; homes for sale in that zips, have a range of median values from $1,750,000 in 19066 to the lowest value of $918,042 in 19066.
    Sold Homes
    The median value for recently sold homes ranges from $1,938,491 in 19066 to the lowest price of $183,978 in 19066. There is 1 zips within Merion Station, PA. 19066 has 19 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.05% of properties in Merion Station, PA.

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      Guide for Merion Station, PA

      Market Reports
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      RealtyTrac Market Report
      Pennsylvania
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Home Buying Guides & Tips
      Pennsylvania Foreclosure Laws
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      See More Articles
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      Market Reports|posted 28 February 2024

      Philadelphia saw fluctuations in property values, price per square foot, and number of homes sold for the last 12 months.

      RealtyTrac Market Report
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Pennsylvania|posted 7 December 2023

      Explore Philadelphia’s evolving property market in our latest blog post, where we analyze the notable trends in property values, cost per square foot, and the complexity of average sold prices within the city’s vibrant real estate landscape.

      Pennsylvania Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Pennsylvania Foreclosure Laws

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Recently Listed Homes Merion Station, PA

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