A Wayne estate sold for $2.34 million, topping Radnor Township's latest batch of home sales.
The transactions, compiled from Zillow data published by Patch on Thursday, Sept. 10, ranged from $187,000 to $2.34 million. The median closing price landed at $652,500. The largest home in the group measured 5,264 square feet.
Across the township line in Haverford, the top sale reached $1 million, with a low of $410,000 and a median of $617,500, according to Zillow data published the same day. The biggest Haverford home sold measured 3,082 square feet.
Both sets of local numbers arrived as the national housing market slows. Existing U.S. home sales fell 2% in August from July to a rate of 3.98 million homes, the National Association of Realtors (NAR) reported Sept. 10. That was the third straight monthly decline and the slowest pace in more than a year, the Associated Press reported.
Prices kept climbing. The national median sales price rose 1.6% year over year to $429,100, an August record in data going back to 1999, according to NAR. In the Northeast, prices jumped 4.3% from August 2025, faster than any other region.
The benchmark 30-year fixed mortgage rate hit 6.76% for the week ending Sept. 10, its highest level in more than 14 months, according to Freddie Mac data reported by Mainline Media News. Rates have climbed since late February, when the U.S.-Iran conflict began and expectations of higher inflation from surging oil prices pushed up long-term bond yields.
"It's not a surprise home sales and mortgage rates move in the opposite direction and we have seen mortgage rates rising, rising, rising from February," NAR chief economist Lawrence Yun said Sept. 10, commenting on the national sales report, as the Seattle Times reported.
Heather Long, chief economist at Navy Federal Credit Union, said Sept. 10 that Americans are "hitting the pause button on homebuying," as Mainline Media News reported.
The Federal Reserve's next policy meeting is scheduled for Tuesday, Sept. 15, and Wednesday, Sept. 16. Wall Street traders are pricing in roughly a 70% chance of a rate increase, according to CME Group data.
Neither the Radnor nor the Haverford report included individual property addresses, buyer or seller names, or the total number of transactions.
