$6,525 Closing Credit*
$549,500
2,253 SqFt
3 Beds
•2 Full Baths, 2 Partial
Kevin Donlon, Listing Office: Opus Elite Real Estate
Is Bucks County, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Bucks County has remained a Seller's Market.
Key Takeaway
Bucks County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bucks County, PA
How much do homes in Bucks County, PA cost?
Median Sold Price
$482,157
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$28,082(+6.2%)
Key Takeaway
Homes in Bucks County have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Bucks County was $482,157 in December 2024, up 6.2% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $249K | $261K | +4.8% |
| 2 Bedrooms | $349.7K | $359.6K | +2.8% |
| 3 Bedrooms | $418.7K | $438.9K | +4.8% |
| 4 Bedrooms | $570.2K | $609.2K | +6.8% |
| 5+ Bedrooms | $730K | $726.3K | -0.5% |
Summary: Bucks County housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 0.5%.
Median Sold Price Compared To Nearby Counties
| Hunterdon County | $517.6K | $583.6K | +12.7% |
| Mercer County | $399.3K | $431.1K | +8.0% |
| Bucks County | $454K | $482.1K | +6.2% |
| Philadelphia County | $254.9K | $267.8K | +5.0% |
| Northampton County | $324.9K | $340K | +4.6% |
Housing Supply in Bucks County, PA
How many homes are available in Bucks County, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1,466 | 1,169 | -20.3% |
Summary: The Bucks County real estate market had 1,169 homes for sale in December 2024, a 20.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 20 | 15 | -25.0% |
| 2 Bedrooms | 200 | 162 | -19.0% |
| 3 Bedrooms | 579 | 459 | -20.7% |
| 4 Bedrooms | 514 | 397 | -22.8% |
| 5+ Bedrooms | 153 | 136 | -11.1% |
Summary: The Bucks County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 19%, 3 bedroom homes decreased by 20.7%, 4 bedroom homes decreased by 22.8%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 469 | 391 | -16.6% |
Asking Price vs. Sold Price
155 Homes Were Sold
Under Asking
86 Homes Were Sold
At Asking
150 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bucks County, you may be able to get a good deal. 39.6% of homes here sold below asking price last month.
Summary: A total of 391 homes were sold or pending in Bucks County in December 2024, down by 16.6% month-over-month. Of the 391 sold homes, 40% were sold under asking, 22% were sold at asking, and 38% were sold over asking.
Days on Market for Bucks County, PA
How long does it take to sell a home in Bucks County, PA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 22 Days | 25 Days | +12.1% |
Summary: Homes in Bucks County had an average of 25 days on market in Dec 2024, up by 12.1% compared to last year.
Breakdown of Home Sale Times
281 Homes Were Sold
Under 30 Days
95 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bucks County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 391 homes were sold in Bucks County; 72% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
