Drexel Hill Real Estate Market Hits Price Cuts High

There were 27 homes sold in the Drexel Hill market over the last 30 days. During the same period, the total number of price reductions was 69, the most since July. In comparison, Philadelphia had 1,993 price reductions in the same time frame, the most of all nearby municipalities. The median sales price of all transactions in Drexel Hill did not budge this week, remaining at $167,900. Along with the upward trend in price reductions, there are seven months of inventory left to work through, meaning Drexel Hill is a definite buyer's market.

For a potentially great deal, make sure you look at these listings that had large price cuts in Drexel Hill:

$249K   $229K   $199K  

Get started right now by checking out Drexel Hill homes for sale or reviewing Drexel Hill real estate trends.

Demographic facts about Drexel Hill:

  • The rating for this area for population growth is 47. (Scale: 1 = Worst, 100 = Best)
  • This area has a property tax of $20.05/$1,000.
  • People in this area have a commute time breakdown of: <15 min (16.7%), 15-29 min (30.6%), 30-44 min (28.7%), 45-59 min (15.0%), >60 min (8.9%).

Data reported through 10/12/2016

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RE/MAX Hometown Realtors
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