$7,719 Closing Credit*
$650,000
2,903 SqFt
4 Beds
•2 Full Baths, 1 Partial
Debora Sugarman, Listing Office: Compass Pennsylvania, LLC
Is Honey Brook 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, Honey Brook Township has remained a Seller's Market.
Key Takeaway
Honey Brook Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Honey Brook Township, PA
How much do homes in Honey Brook Township, PA cost?
Median Sold Price
$415,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,000(+9.2%)
Key Takeaway
Homes in Honey Brook Township have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Honey Brook Township was $415,000 in November 2024, up 9.2% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $349.6K | $460K | +31.6% |
| 3 Bedrooms | $352.5K | $400K | +13.5% |
| 4 Bedrooms | $466.5K | $524.7K | +12.5% |
| 5+ Bedrooms | $623K | $560K | -10.1% |
Summary: Honey Brook 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 31.6%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 10.1%.
Median Sold Price Compared To Nearby Cities
| Caernarvon Township | $302.5K | $370K | +22.3% |
| Honey Brook | $375K | $415K | +10.7% |
| Honey Brook Township | $380K | $415K | +9.2% |
| West Nantmeal Township | $529K | $570K | +7.8% |
| Morgantown | $400K | $431K | +7.8% |
Housing Supply in Honey Brook Township, PA
How many homes are available in Honey Brook Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 26 | -16.1% |
Summary: The Honey Brook Township real estate market had 26 homes for sale in November 2024, a 16.1% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 15 | 11 | -26.7% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Honey Brook 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 remained the same, 3 bedroom homes decreased by 26.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Honey Brook Township, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Honey Brook Township in November 2024, down by 30.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.
Days on Market for Honey Brook Township, PA
How long does it take to sell a home in Honey Brook Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 5 Days | 33 Days | +542.9% |
Summary: Homes in Honey Brook Township had an average of 33 days on market in Nov 2024, up by 542.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Honey Brook Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Honey Brook Township; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
