Is Royersford, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Royersford is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Royersford has remained a Seller's Market.

Key Takeaway

Royersford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Royersford, PA

How much do homes in Royersford, PA cost?

Median Sold Price

$420,000

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$5,000(+1.2%)

Key Takeaway

Homes in Royersford have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Royersford was $420,000 in September 2024, up 1.2% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $230K$225K
-2.2%
2 $265.5K$285K
+7.3%
3 $415K$424.5K
+2.3%
4 $540K$615K
+13.9%
5+ $325K$599K
+84.3%

Summary: Royersford housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 84.3%.

Median Sold Price Compared To Nearby Cities

Upper Providence Township
+19.8%
Limerick Township
+14.7%
Royersford
+1.2%

Housing Supply in Royersford, PA

How many homes are available in Royersford, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6874+8.8%

Summary: The Royersford real estate market had 74 homes for sale in September 2024, a 8.8% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 02
+100.0%
2 96
-33.3%
3 3846
+21.1%
4 1616
0.0%
5+ 54
-20.0%

Summary: The Royersford housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 21.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2118-14.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Royersford, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in Royersford in September 2024, down by 14.3% month-over-month. Of the 18 sold homes, 22% were sold under asking, 33% were sold at asking, and 44% were sold over asking.

Days on Market for Royersford, PA

How long does it take to sell a home in Royersford, PA?

Average Sale Time

Sep 2023Sep 2024CHANGE
13 Days15 Days+14.5%

Summary: Homes in Royersford had an average of 15 days on market in Sep 2024, up by 14.5% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Royersford are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 18 homes were sold in Royersford; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Royersford, PA

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