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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Douglass Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Douglass Township, PA

How much do homes in Douglass Township, PA cost?

Median Sold Price

$395,000

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,000(+2.6%)

Key Takeaway

Homes in Douglass Township have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Douglass Township was $395,000 in October 2024, up 2.6% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $284K$310K
+9.2%
3 $339K$364.9K
+7.7%
4 $435K$481.1K
+10.6%
5+ $547K$561.5K
+2.7%

Summary: Douglass 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 9.2%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 2.7%.

Median Sold Price Compared To Nearby Cities

Boyertown
+9.1%
Colebrookdale Township
+6.3%
Douglass Township
+2.6%
Gilbertsville
-1.2%

Housing Supply in Douglass Township, PA

How many homes are available in Douglass Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2632+23.1%

Summary: The Douglass Township real estate market had 32 homes for sale in October 2024, a 23.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 66
0.0%
4 1619
+18.8%
5+ 46
+50.0%

Summary: The Douglass 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
411+175.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Douglass Township, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Douglass Township in October 2024, up by 175.0% month-over-month. Of the 11 sold homes, 27% were sold under asking, 9% were sold at asking, and 64% were sold over asking.

Days on Market for Douglass Township, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
5 Days21 Days+274.6%

Summary: Homes in Douglass Township had an average of 21 days on market in Oct 2024, up by 274.6% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 11 homes were sold in Douglass Township; 91% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 9% 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 16 Days Ago

Newest Listings in Douglass Township, PA

Nearby Markets to Douglass Township, PA

What housing markets are near Douglass Township, PA?