$5,688 Closing Credit*
$479,000
1,990 SqFt
3 Beds
•3 Full Baths
Renee B Noel, Listing Office: RE/MAX Properties - Newtown
Is Bedminster Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Bedminster Township was a Buyer'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
$510,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$70,000(-12.1%)
Key Takeaway
Homes in Bedminster Township have sold for 12.1% less than they did a year ago.
Summary: The median home sold price in Bedminster Township was $510,000 in October 2024, down 12.1% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $260K | $305.5K | +17.5% |
| 3 Bedrooms | $390K | $412.5K | +5.8% |
| 4 Bedrooms | $611.4K | $715K | +16.9% |
| 5+ Bedrooms | $862.5K | $810K | -6.1% |
Summary: Bedminster 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 increased by 17.5%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes decreased by 6.1%.
Median Sold Price Compared To Nearby Cities
| Pipersville | $543.6K | $615K | +13.1% |
| Bedminster Township | $580K | $510K | -12.1% |
Housing Supply in Bedminster Township, PA
How many homes are available in Bedminster Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 24 | +26.3% |
Summary: The Bedminster Township real estate market had 24 homes for sale in October 2024, a 26.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Bedminster 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 decreased by 100%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bedminster Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Bedminster Township in October 2024, up by 166.7% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 20 Days | -53.2% |
Summary: Homes in Bedminster Township had an average of 20 days on market in Oct 2024, down by 53.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bedminster Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Bedminster Township; 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.
