Single-Family Homes
Fri Dec 05 2025
This week the median list price for Elkins Park, PA is $599,999 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has decreased to 15.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.
| Median List Price | $599,999 | |
| Median Price of New Listings | $699,000 | |
| Per Square Foot | $195 | |
| Average Days on Market | 84 | |
| Median Days on Market | 56 | |
| Price Decreased | 40% | |
| Price Increased | 0% | |
| Relisted | 13% | |
| Inventory | 15 | |
| Median Rent | ||
| Market Action | 46 | |
| Strong Seller's Market | ||
This is a market where watching the value metrics (like price per square foot) can provide insight that you don’t get at first glance. We can see that home prices are rising somewhat, the price per square foot of homes listed has been declining. Often this can be attributed to new and remodeled homes on the market. Prices in the area are trending higher but buyers are getting more for their money.
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $874,500 | 4,687 | 0.25 - 0.5 acre | 5 | 3.5 | 61 | 0 | 1 | 49 |
| $674,450 | 4,358 | 0.25 - 0.5 acre | 4 | 3.5 | 85 | 1 | 1 | 38 |
| $534,000 | 2,745 | 0.25 - 0.5 acre | 3 | 2.8 | 77 | 0 | 1 | 94 |
| $420,000 | 2,194 | 0.25 - 0.5 acre | 4 | 2 | 106 | 0 | 0 | 77 |