Is Boyertown, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Boyertown has remained a Seller's Market.
Key Takeaway
Boyertown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Boyertown, PA
How much do homes in Boyertown, PA cost?
Median Sold Price
$277,600
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Boyertown have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in Boyertown was $277,600 in April 2024, up 1.9% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $155.5K | N/A |
| 2 Bedrooms | $195.5K | $235K | +20.2% |
| 3 Bedrooms | $280K | $285.5K | +2.0% |
| 4 Bedrooms | $310.7K | $299.7K | -3.5% |
| 5+ Bedrooms | $235K | $460K | +95.7% |
Summary: Boyertown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.2%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 95.7%.
Median Sold Price Compared To Nearby Cities
| Colebrookdale Township | $250K | $281.5K | +12.6% |
| Boyertown | $272.4K | $277.6K | +1.9% |
| Douglass Township | $385K | $384.9K | 0% |
Housing Supply in Boyertown, PA
How many homes are available in Boyertown, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 46 | 44 | -4.3% |
Summary: The Boyertown real estate market had 44 homes for sale in April 2024, a 4.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 8 | 5 | -37.5% |
| 3 Bedrooms | 21 | 24 | +14.3% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Boyertown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 37.5%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 17 | +21.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Boyertown, you could pay more than the asking price. 41.2% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Boyertown in April 2024, up by 21.4% month-over-month. Of the 17 sold homes, 24% were sold under asking, 35% were sold at asking, and 41% were sold over asking.
Days on Market for Boyertown, PA
How long does it take to sell a home in Boyertown, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 6 Days | 30 Days | +348.6% |
Summary: Homes in Boyertown had an average of 30 days on market in Apr 2024, up by 348.6% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Boyertown are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 17 homes were sold in Boyertown; 82% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
