$9,500 Closing Credit*
$799,990
2,240 SqFt
3 Beds
•2 Full Baths, 1 Partial
Leila Hotho Yusuf, Listing Office: Compass Pennsylvania, LLC
Is Doylestown Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Doylestown Township has remained a Seller's Market.
Key Takeaway
Doylestown Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Doylestown Township, PA
How much do homes in Doylestown Township, PA cost?
Median Sold Price
$644,500
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$19,500(+3.1%)
Key Takeaway
Homes in Doylestown Township have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Doylestown Township was $644,500 in August 2024, up 3.1% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250.3K | $275K | +9.9% |
| 2 Bedrooms | $336.7K | $350K | +3.9% |
| 3 Bedrooms | $506K | $520.7K | +2.9% |
| 4 Bedrooms | $751K | $775K | +3.2% |
| 5+ Bedrooms | $895K | $940.5K | +5.1% |
Summary: Doylestown Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.9%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Cities
| Doylestown | $620.5K | $640.7K | +3.3% |
| Doylestown Township | $625K | $644.5K | +3.1% |
| New Britain Township | $505K | $519K | +2.8% |
| Warrington Township | $527.5K | $537.5K | +1.9% |
| New Britain | $485K | $447.5K | -7.7% |
Housing Supply in Doylestown Township, PA
How many homes are available in Doylestown Township, PA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 189 | 183 | -3.2% |
Summary: The Doylestown Township real estate market had 183 homes for sale in August 2024, a 3.2% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 14 | 17 | +21.4% |
| 3 Bedrooms | 67 | 58 | -13.4% |
| 4 Bedrooms | 80 | 74 | -7.5% |
| 5+ Bedrooms | 28 | 32 | +14.3% |
Summary: The Doylestown Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 21.4%, 3 bedroom homes decreased by 13.4%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 61 | 52 | -14.8% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Doylestown Township, you could pay more than the asking price. 51.9% of homes here sold above asking price last month.
Summary: A total of 52 homes were sold or pending in Doylestown Township in August 2024, down by 14.8% month-over-month. Of the 52 sold homes, 35% were sold under asking, 13% were sold at asking, and 52% were sold over asking.
Days on Market for Doylestown Township, PA
How long does it take to sell a home in Doylestown Township, PA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 14 Days | 24 Days | +64.3% |
Summary: Homes in Doylestown Township had an average of 24 days on market in Aug 2024, up by 64.3% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Doylestown Township are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 52 homes were sold in Doylestown Township; 79% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
