Is Doylestown, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Doylestown is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Doylestown, PA

How much do homes in Doylestown, PA cost?

Median Sold Price

$650,000

$278/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+2.4%)

Key Takeaway

Homes in Doylestown have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in Doylestown was $650,000 in November 2024, up 2.4% from last year, and the median price per square foot was $278.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $295.1K$275K
-6.8%
2 $350K$350K
0.0%
3 $505K$550K
+8.9%
4 $771.8K$785K
+1.7%
5+ $969K$922.5K
-4.8%

Summary: Doylestown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.8%, 2 bedroom homes did not change, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 4.8%.

Median Sold Price Compared To Nearby Cities

Buckingham Township
+10.5%
Doylestown
+2.4%
Doylestown Township
+0.9%

Housing Supply in Doylestown, PA

How many homes are available in Doylestown, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
162146-9.9%

Summary: The Doylestown real estate market had 146 homes for sale in November 2024, a 9.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 1110
-9.1%
3 6055
-8.3%
4 6756
-16.4%
5+ 2123
+9.5%

Summary: The Doylestown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 16.4%, and 5+ bedroom homes increased by 9.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3743+16.2%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Doylestown, you may be able to get a good deal. 46.5% of homes here sold below asking price last month.

Summary: A total of 43 homes were sold or pending in Doylestown in November 2024, up by 16.2% month-over-month. Of the 43 sold homes, 47% were sold under asking, 16% were sold at asking, and 37% were sold over asking.

Days on Market for Doylestown, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days32 Days+25.0%

Summary: Homes in Doylestown had an average of 32 days on market in Nov 2024, up by 25% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 43 homes were sold in Doylestown; 67% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 12% 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 2 Days Ago

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