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 December 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 December 2023

-$200(0%)

Key Takeaway

The sold price of homes in Doylestown has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $295.1K$275K
-6.8%
2 $350K$356K
+1.7%
3 $517K$539K
+4.3%
4 $775K$793.5K
+2.4%
5+ $977K$940.5K
-3.7%

Summary: Doylestown housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.8%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 3.7%.

Median Sold Price Compared To Nearby Cities

Doylestown
0%
Doylestown Township
0.0%

Housing Supply in Doylestown, PA

How many homes are available in Doylestown, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
147117-20.4%

Summary: The Doylestown real estate market had 117 homes for sale in December 2024, a 20.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 20
-100.0%
2 99
0.0%
3 5745
-21.1%
4 5745
-21.1%
5+ 2218
-18.2%

Summary: The Doylestown housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 21.1%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
4333-23.3%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

11 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. 45.5% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in Doylestown in December 2024, down by 23.3% month-over-month. Of the 33 sold homes, 45% were sold under asking, 21% were sold at asking, and 33% 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

Dec 2023Dec 2024CHANGE
39 Days52 Days+32.0%

Summary: Homes in Doylestown had an average of 52 days on market in Dec 2024, up by 32% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

7 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 December 2024, 33 homes were sold in Doylestown; 64% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 21% 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 4 Days Ago

Newest Listings in Doylestown, PA

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