Is Oley Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Oley Township was a Seller's Market.
Housing Prices in Oley Township, PA
How much do homes in Oley Township, PA cost?
Median Sold Price
$350,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Oley Township was $350,000 in May 2024, up 15.9% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $267.5K | N/A |
2 Bedrooms | $270K | $350K | +29.6% |
3 Bedrooms | $285K | $294K | +3.2% |
4 Bedrooms | $615K | $510K | -17.1% |
5+ Bedrooms | $505.4K | $375K | -25.8% |
Summary: Oley 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 increased by 29.6%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes decreased by 25.8%.
Median Sold Price Compared To Nearby Cities
Oley | $302K | $361K | +19.5% |
Oley Township | $302K | $350K | +15.9% |
Exeter Township | $280.2K | $300K | +7.0% |
Housing Supply in Oley Township, PA
How many homes are available in Oley Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Summary: The Oley Township real estate market had 10 homes for sale in May 2024, a 25.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 1 | 4 | +300.0% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Oley 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 remained the same, 3 bedroom homes increased by 300%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Oley Township in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Oley Township, PA
How long does it take to sell a home in Oley Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
49 Days | 176 Days | +259.2% |
Summary: Homes in Oley Township had an average of 176 days on market in May 2024, up by 259.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Oley Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.