Newtown Square Home Values Update: September 2024

If you’ve been curious about home values in our area, you’ll be interested in the latest updates about our community’s real estate market. Let’s look at what’s happening in Newtown Square and what it means for your home’s value.

What Are Homes Selling For?

The numbers show Newtown Square remains a highly desirable community:

  • The typical (median) home sold for $1,015,000
  • On average, homes sold for $1,131,300
  • The lowest sale was $320,000
  • The highest sale was $2,650,000

How Does This Compare to Last Year?

Looking back to September 2023, we see several important changes:

  • Home values have grown considerably – the average sale price increased from $910,453 last year to $1,131,300 this year (a 24.3% increase)
  • Homes are selling at a comfortable pace – typically in 26 days compared to 17 days last year
  • We saw 21 homes sold this September, compared to 25 last year
  • Homes are selling very close to their asking price (98.9% of list price)

What Types of Homes Are Selling?

Newtown Square continues to offer a wide variety of homes:

  • Sizes range from 1,350 square feet to grand estates of 10,740 square feet
  • Homes with 2 to 6 bedrooms
  • Properties with desirable features like updated kitchens and finished basements
  • Beautiful outdoor spaces that our area is known for

What This Means for Your Home

If you’ve owned your home in Newtown Square for many years, these numbers likely represent good news:

  • Home values have increased significantly over the past year
  • Buyers are still willing to pay premium prices for well-maintained homes
  • The market pace allows for thoughtful decisions
  • A wide range of home values shows strong demand at all price points

A Notable Sale in Our Community

A noteworthy sale occurred at 300 Begonia Circle, which sold for $1,798,678 – above its original asking price. This shows that well-maintained, properly priced homes continue to attract strong interest.

Thinking About Downsizing?

Newtown Square and surrounding areas offer excellent options for your next chapter:

Continuing Care Retirement Communities (CCRCs)

Our area features some of the region’s finest communities:

  • White Horse Village
    • Beautiful 96-acre campus
    • Full spectrum of care options
    • Extensive wellness programs
    • Close to shopping and medical facilities
  • Dunwoody Village
    • Historic Main Line location
    • Various residence sizes available
    • Five-star healthcare ratings
    • Active community life

55+ Active Adult Communities

For those seeking an independent lifestyle:

  • Carriage Home Village at Springton
    • Maintenance-free living
    • Single-level floor plans
    • Community activities
    • Close to town center
  • Episcopal Place at Rockland
    • Newer construction
    • Elevator buildings
    • Walking trails
    • Social programming

Luxury Apartment Options

  • Ellis Preserve
    • Modern amenities
    • Walkable to shopping and dining
    • Elevator access
    • Professional management

Local Townhome Communities

Perfect for those wanting to stay in Newtown Square:

  • Liseter community
  • Newtown Walk
  • St. Albans Court

Making the Transition

With current home values being strong, this could be an opportune time to consider your next move:

  • Current Market Advantage: Today’s values could help fund your next chapter
  • Balanced Market: The 26-day average selling time allows for careful planning
  • Various Options: From luxury apartments to continuing care communities
  • Local Choices: Stay close to your familiar community and services

Healthcare Considerations

Newtown Square offers excellent proximity to:

  • Bryn Mawr Hospital
  • Riddle Hospital
  • Paoli Hospital
  • Numerous medical office complexes
  • Specialist medical centers

Need More Information?

Everyone’s situation is unique. Whether you’re just exploring options or ready to make a move, we can help you understand:

  • Your current home’s value in today’s market
  • Available housing options in your preferred areas
  • Timing considerations for your transition
  • Connections to trusted senior move managers and other professionals

For a confidential discussion about your specific situation, you’re welcome to contact our team at Skyline Real Estate/Coldwell Banker in Media. We have experience helping many Newtown Square homeowners successfully transition to their next chapter.


Information provided by Tim Reeder, Skyline Real Estate, Coldwell Banker Media, PA. This report is intended to provide general market information rather than specific investment advice.