$10,000 Closing Credit*
$890,000
4,811 SqFt
3 Beds
•3 Full Baths, 2 Partial
Joseph Fallon, Listing Office: RE/MAX Main Line-Kimberton
Is East Pikeland Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, East Pikeland Township has remained a Seller's Market.
Key Takeaway
East Pikeland Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Pikeland Township, PA
How much do homes in East Pikeland Township, PA cost?
Median Sold Price
$505,000
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$75,000(+17.4%)
Key Takeaway
Homes in East Pikeland Township have sold for 17.4% more than they did a year ago.
Summary: The median home sold price in East Pikeland Township was $505,000 in November 2024, up 17.4% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $500K | - | N/A |
| 2 Bedrooms | $340K | $396.2K | +16.5% |
| 3 Bedrooms | $385.8K | $425K | +10.2% |
| 4 Bedrooms | $700K | $655K | -6.4% |
| 5+ Bedrooms | $852.5K | $827.4K | -2.9% |
Summary: East Pikeland Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.5%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes decreased by 2.9%.
Median Sold Price Compared To Nearby Cities
| East Pikeland Township | $430K | $505K | +17.4% |
| Upper Providence Township | $480K | $538.6K | +12.2% |
| Phoenixville | $441.7K | $480.5K | +8.8% |
| East Vincent Township | $502K | $515K | +2.6% |
| Spring City | $445K | $408.5K | -8.2% |
Housing Supply in East Pikeland Township, PA
How many homes are available in East Pikeland Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 26 | +4.0% |
Summary: The East Pikeland Township real estate market had 26 homes for sale in November 2024, a 4.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 8 | 12 | +50.0% |
| 4 Bedrooms | 12 | 7 | -41.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The East Pikeland Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 41.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Pikeland Township, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in East Pikeland Township in November 2024, up by 33.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.
Days on Market for East Pikeland Township, PA
How long does it take to sell a home in East Pikeland Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 18 Days | +51.7% |
Summary: Homes in East Pikeland Township had an average of 18 days on market in Nov 2024, up by 51.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Pikeland Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in East Pikeland Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
