Is Bethel Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Bethel Township has remained a Seller's Market.
Housing Prices in Bethel Township, PA
How much do homes in Bethel Township, PA cost?
Median Sold Price
$529,500
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bethel Township was $529,500 in May 2024, down 0.5% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $249.9K | N/A |
2 Bedrooms | $395K | $368K | -6.8% |
3 Bedrooms | $461.5K | $523.5K | +13.4% |
4 Bedrooms | $676K | $694.9K | +2.8% |
5+ Bedrooms | $915K | $768.4K | -16.0% |
Summary: Bethel Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.8%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 16%.
Median Sold Price Compared To Nearby Cities
Upper Chichester Township | $305K | $340K | +11.5% |
Brandywine | $385.6K | $415K | +7.6% |
Concord Township | $619.9K | $650K | +4.8% |
Garnet Valley | $580K | $600K | +3.4% |
Bethel Township | $532K | $529.5K | -0.5% |
Housing Supply in Bethel Township, PA
How many homes are available in Bethel Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
26 | 32 | +23.1% |
Summary: The Bethel Township real estate market had 32 homes for sale in May 2024, a 23.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 6 | -14.3% |
3 Bedrooms | 5 | 6 | +20.0% |
4 Bedrooms | 10 | 14 | +40.0% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Bethel Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Bethel Township in May 2024, the same as the previous month. Of the 8 sold homes, 13% were sold under asking, 50% were sold at asking, and 38% were sold over asking.
Days on Market for Bethel Township, PA
How long does it take to sell a home in Bethel Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
11 Days | 6 Days | -43.2% |
Summary: Homes in Bethel Township had an average of 6 days on market in May 2024, down by 43.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Bethel Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.