Is Amwell Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Amwell Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Amwell Township, PA

How much do homes in Amwell Township, PA cost?

Median Sold Price

$278,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,000(+1.1%)

Key Takeaway

Homes in Amwell Township have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in Amwell Township was $278,000 in October 2024, up 1.1% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $275K$127K
-53.8%
3 $265K$284K
+7.2%
4 $382.4K$379.9K
-0.7%
5+ -$535K
N/A

Summary: Amwell Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 53.8%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes did not change.

Housing Supply in Amwell Township, PA

How many homes are available in Amwell Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
89+12.5%

Summary: The Amwell Township real estate market had 9 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 55
0.0%
4 11
0.0%
5+ 22
0.0%

Summary: The Amwell Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Amwell Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Amwell Township in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Amwell Township, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
78 Days5 Days-93.2%

Summary: Homes in Amwell Township had an average of 5 days on market in Oct 2024, down by 93.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Amwell Township; 100% of homes were sold within 30 days, 0% 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 20 Days Ago

Newest Listings in Amwell Township, PA

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What housing markets are near Amwell Township, PA?