Sharon Hill, PA
Housing market overview · Updated weekly
$197,500median sale price
Homes sold
2
Last 12 weeks
Days on market
35
Average pace
Active listings
13
6.5 months supply
Sale-to-list
100.0%
Above asking
Sharon Hill, PA housing market analysis
The Sharon Hill housing market is currently classified as a leaning buyer's with a median sale price of $197,500. Prices have decreased 5.9% compared to last year, which may signal a cooling market and potentially favorable conditions for buyers looking to enter. Homes in Sharon Hill spend an average of 35 days on market before going under contract, which is a moderate pace, suggesting a reasonably active market with healthy demand.
With 6.5 months of supply, there is ample inventory available in Sharon Hill. This surplus gives buyers significant leverage to negotiate on price, request repairs, and take time with due diligence. Sellers may need to consider strategic pricing and property improvements to stand out in a crowded market. The average sale-to-list price ratio stands at 100.0%, meaning homes are selling at or above their asking price on average — a strong indicator of competitive demand.
There are currently 13 active listings in Sharon Hill, providing a very limited selection that intensifies competition among buyers. New listings coming to market totaled 6 in the most recent period, which indicates healthy turnover and fresh opportunities for buyers. Monitoring inventory trends over time provides one of the best leading indicators of where prices are headed. Rising inventory typically precedes price moderation, while declining inventory often signals continued price appreciation.
Whether you're a first-time homebuyer evaluating Sharon Hill as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Sharon Hill with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.
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Frequently asked questions
What is the average home price in Sharon Hill?
The median home sale price in Sharon Hill is $197,500, down 5.9% from last year.
How long do homes stay on market in Sharon Hill?
Homes typically spend 35 days on market before going under contract.
Is Sharon Hill a buyer's or seller's market?
With 6.5 months of supply, Sharon Hill is currently a leaning buyer's.
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