$3,977 Closing Credit*
$334,900
1,451 SqFt
3 Beds
•1 Full Bath, 1 Partial
Harry A Alessi, Listing Office: KW Empower
Is Collegeville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$541,550
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$1,556(+0.3%)
Key Takeaway
The sold price of homes in Collegeville has remained the same since last year.
Summary: The median home sold price in Collegeville was $541,550 in October 2024, up 0.3% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $342K | $350K | +2.3% |
| 3 Bedrooms | $395K | $420K | +6.3% |
| 4 Bedrooms | $639.7K | $690K | +7.9% |
| 5+ Bedrooms | $807.7K | $760K | -5.9% |
Summary: Collegeville 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 2.3%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes decreased by 5.9%.
Median Sold Price Compared To Nearby Cities
| Skippack Township | $455K | $530.7K | +16.6% |
| Upper Providence Township | $484.9K | $510K | +5.2% |
| Collegeville | $539.9K | $541.5K | 0.3% |
| Trappe | $432.5K | $420K | -2.9% |
| Lower Providence Township | $530K | $500K | -5.7% |
Housing Supply in Collegeville, PA
How many homes are available in Collegeville, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 106 | 110 | +3.8% |
Summary: The Collegeville real estate market had 110 homes for sale in October 2024, a 3.8% 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 | 6 | 7 | +16.7% |
| 3 Bedrooms | 34 | 36 | +5.9% |
| 4 Bedrooms | 43 | 44 | +2.3% |
| 5+ Bedrooms | 23 | 23 | 0.0% |
Summary: The Collegeville 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 increased by 16.7%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 37 | +164.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Collegeville, you may be able to get a good deal. 43.2% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in Collegeville in October 2024, up by 164.3% month-over-month. Of the 37 sold homes, 43% were sold under asking, 22% were sold at asking, and 35% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 20 Days | +85.8% |
Summary: Homes in Collegeville had an average of 20 days on market in Oct 2024, up by 85.8% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Collegeville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 37 homes were sold in Collegeville; 84% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
