Is Boyertown, 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, 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
$284,900
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Boyertown have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Boyertown was $284,900 in May 2024, up 4.6% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $155.5K | N/A |
| 2 Bedrooms | $195.5K | $235K | +20.2% |
| 3 Bedrooms | $280K | $292.5K | +4.5% |
| 4 Bedrooms | $310.7K | $299.7K | -3.5% |
| 5+ Bedrooms | $235K | $469.9K | +100.0% |
Summary: Boyertown 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 20.2%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 100%.
Median Sold Price Compared To Nearby Cities
| Colebrookdale Township | $265K | $286K | +7.9% |
| Boyertown | $272.4K | $284.9K | +4.6% |
| Douglass Township | $385K | $375K | -2.6% |
Housing Supply in Boyertown, PA
How many homes are available in Boyertown, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 47 | 35 | -25.5% |
Summary: The Boyertown real estate market had 35 homes for sale in May 2024, a 25.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 25 | 20 | -20.0% |
| 4 Bedrooms | 14 | 9 | -35.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Boyertown housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 35.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 9 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Boyertown, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Boyertown in May 2024, down by 50.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 22% were sold at asking, and 56% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 20 Days | 13 Days | -33.9% |
Summary: Homes in Boyertown had an average of 13 days on market in May 2024, down by 33.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 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 May 2024, 9 homes were sold in Boyertown; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
