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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buckingham Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Buckingham Township, PA

How much do homes in Buckingham Township, PA cost?

Median Sold Price

$760,000

$254/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$72,500(+10.5%)

Key Takeaway

Homes in Buckingham Township have sold for 10.5% more than they did a year ago.

Summary: The median home sold price in Buckingham Township was $760,000 in November 2024, up 10.5% from last year, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $349.7K$399K
+14.1%
3 $545K$560K
+2.8%
4 $820K$846K
+3.2%
5+ $1.0M$1.1M
+7.2%

Summary: Buckingham 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 14.1%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 7.2%.

Median Sold Price Compared To Nearby Cities

Furlong
+16.3%
Buckingham Township
+10.5%

Housing Supply in Buckingham Township, PA

How many homes are available in Buckingham Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6257-8.1%

Summary: The Buckingham Township real estate market had 57 homes for sale in November 2024, a 8.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1214
+16.7%
4 3026
-13.3%
5+ 1613
-18.8%

Summary: The Buckingham Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 18.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1410-28.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buckingham Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Buckingham Township in November 2024, down by 28.6% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Buckingham Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
24 Days27 Days+11.5%

Summary: Homes in Buckingham Township had an average of 27 days on market in Nov 2024, up by 11.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 10 homes were sold in Buckingham Township; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% 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 22 Days Ago

Newest Listings in Buckingham Township, PA

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