Is Pocopson 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, Pocopson Township was a Seller's Market.
Housing Prices in Pocopson Township, PA
How much do homes in Pocopson Township, PA cost?
Median Sold Price
$790,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pocopson Township was $790,000 in May 2024, up 5.2% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $145K | $420K | +189.7% |
3 Bedrooms | $525K | $598.5K | +14.0% |
4 Bedrooms | $750K | $719K | -4.1% |
5+ Bedrooms | $1.0M | $1.1M | +7.3% |
Summary: Pocopson 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 189.7%, 3 bedroom homes increased by 14%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 7.3%.
Median Sold Price Compared To Nearby Cities
East Marlborough Township | $645K | $680K | +5.4% |
Pocopson Township | $750.7K | $790K | +5.2% |
East Bradford Township | $650K | $660K | +1.5% |
West Bradford Township | $541.2K | $530K | -2.1% |
Birmingham Township | $840K | $772.1K | -8.1% |
Housing Supply in Pocopson Township, PA
How many homes are available in Pocopson Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 15 | +25.0% |
Summary: The Pocopson Township real estate market had 15 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 | 3 | 3 | 0.0% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Pocopson 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 remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Pocopson Township in May 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Pocopson Township, PA
How long does it take to sell a home in Pocopson Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
7 Days | 19 Days | +178.6% |
Summary: Homes in Pocopson Township had an average of 19 days on market in May 2024, up by 178.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Pocopson Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.