Is Coopersburg, 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, Coopersburg has remained a Seller's Market.
Key Takeaway
Coopersburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Coopersburg, PA
How much do homes in Coopersburg, PA cost?
Median Sold Price
$425,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Coopersburg have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Coopersburg was $425,000 in May 2024, up 7.6% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $325K | $250K | -23.1% |
| 3 Bedrooms | $358K | $390K | +8.9% |
| 4 Bedrooms | $550K | $519.7K | -5.5% |
| 5+ Bedrooms | $795K | $769.9K | -3.2% |
Summary: Coopersburg 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 23.1%, 3 bedroom homes increased by 8.9%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes decreased by 3.2%.
Median Sold Price Compared To Nearby Cities
| Coopersburg | $394.9K | $425K | +7.6% |
| Springfield Township | $430K | $452K | +5.1% |
| Upper Saucon Township | $525K | $506.5K | -3.5% |
Housing Supply in Coopersburg, PA
How many homes are available in Coopersburg, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 52 | 61 | +17.3% |
Summary: The Coopersburg real estate market had 61 homes for sale in May 2024, a 17.3% 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 | 3 | 1 | -66.7% |
| 3 Bedrooms | 25 | 36 | +44.0% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 13 | 16 | +23.1% |
Summary: The Coopersburg 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 66.7%, 3 bedroom homes increased by 44%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 16 | +220.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coopersburg, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Coopersburg in May 2024, up by 220.0% month-over-month. Of the 16 sold homes, 19% were sold under asking, 31% were sold at asking, and 50% were sold over asking.
Days on Market for Coopersburg, PA
How long does it take to sell a home in Coopersburg, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 36 Days | 14 Days | -61.9% |
Summary: Homes in Coopersburg had an average of 14 days on market in May 2024, down by 61.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Coopersburg are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 16 homes were sold in Coopersburg; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
