$8,311 Closing Credit*
$699,900
2,588 SqFt
4 Beds
•2 Full Baths, 1 Partial
Louis M. Muscella, Listing Office: Realty One Group Restore - Collegeville
Is Collegeville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Collegeville has remained a Seller's Market.
Key Takeaway
Collegeville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Collegeville, PA
How much do homes in Collegeville, PA cost?
Median Sold Price
$555,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,010(+2.8%)
Key Takeaway
Homes in Collegeville have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Collegeville was $555,000 in November 2024, up 2.8% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $342K | $365K | +6.7% |
| 3 Bedrooms | $400K | $420K | +5.0% |
| 4 Bedrooms | $653.5K | $677.5K | +3.7% |
| 5+ Bedrooms | $807.7K | $772.5K | -4.4% |
Summary: Collegeville 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 6.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 4.4%.
Median Sold Price Compared To Nearby Cities
| Upper Providence Township | $480K | $538.6K | +12.2% |
| Skippack Township | $492.5K | $545K | +10.7% |
| Collegeville | $539.9K | $555K | +2.8% |
| Trappe | $425K | $420K | -1.2% |
| Lower Providence Township | $527.5K | $500K | -5.2% |
Housing Supply in Collegeville, PA
How many homes are available in Collegeville, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 120 | 91 | -24.2% |
Summary: The Collegeville real estate market had 91 homes for sale in November 2024, a 24.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 4 | -42.9% |
| 3 Bedrooms | 42 | 36 | -14.3% |
| 4 Bedrooms | 47 | 32 | -31.9% |
| 5+ Bedrooms | 24 | 19 | -20.8% |
Summary: The Collegeville 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 decreased by 42.9%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 31.9%, and 5+ bedroom homes decreased by 20.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 37 | -11.9% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Collegeville, you could pay more than the asking price. 43.2% of homes here sold above asking price last month.
Summary: A total of 37 homes were sold or pending in Collegeville in November 2024, down by 11.9% month-over-month. Of the 37 sold homes, 38% were sold under asking, 19% were sold at asking, and 43% were sold over asking.
Days on Market for Collegeville, PA
How long does it take to sell a home in Collegeville, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 21 Days | +57.8% |
Summary: Homes in Collegeville had an average of 21 days on market in Nov 2024, up by 57.8% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Collegeville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 37 homes were sold in Collegeville; 81% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
