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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bedminster Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Bedminster Township, PA

How much do homes in Bedminster Township, PA cost?

Median Sold Price

$523,000

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$50,575(-8.8%)

Key Takeaway

Homes in Bedminster Township have sold for 8.8% less than they did a year ago.

Summary: The median home sold price in Bedminster Township was $523,000 in November 2024, down 8.8% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $260K$285K
+9.6%
3 $390K$412.5K
+5.8%
4 $603K$725K
+20.2%
5+ $862.5K$815K
-5.5%

Summary: Bedminster Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 20.2%, and 5+ bedroom homes decreased by 5.5%.

Median Sold Price Compared To Nearby Cities

Pipersville
+29.9%
Dublin
+4.9%
Ottsville
+0.8%
Bedminster Township
-8.8%

Housing Supply in Bedminster Township, PA

How many homes are available in Bedminster Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2627+3.8%

Summary: The Bedminster Township real estate market had 27 homes for sale in November 2024, a 3.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 02
+100.0%
2 01
+100.0%
3 1312
-7.7%
4 1010
0.0%
5+ 32
-33.3%

Summary: The Bedminster Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bedminster Township, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Bedminster Township in November 2024, down by 37.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for Bedminster Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days11 Days-56.7%

Summary: Homes in Bedminster Township had an average of 11 days on market in Nov 2024, down by 56.7% compared to last year.

Breakdown of Home Sale Times

5 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 Bedminster Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Bedminster 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 21 Days Ago

Newest Listings in Bedminster Township, PA

Nearby Markets to Bedminster Township, PA

What housing markets are near Bedminster Township, PA?