$7,541 Closing Credit*
$635,000
2,569 SqFt
4 Beds
•2 Full Baths, 1 Partial
Lee A. Bergiven, Listing Office: RE/MAX Centre Realtors
Is Horsham, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Horsham was a Buyer's Market.
Key Takeaway
Horsham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Horsham, PA
How much do homes in Horsham, PA cost?
Median Sold Price
$411,250
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,250(+5.2%)
Key Takeaway
Homes in Horsham have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Horsham was $411,250 in October 2024, up 5.2% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $222.5K | N/A |
| 2 Bedrooms | $301K | $320K | +6.3% |
| 3 Bedrooms | $392.7K | $425K | +8.2% |
| 4 Bedrooms | $590K | $624.5K | +5.8% |
| 5+ Bedrooms | $580K | $599.7K | +3.4% |
Summary: Horsham housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 3.4%.
Median Sold Price Compared To Nearby Cities
| Horsham Township | $470K | $558.8K | +18.9% |
| Upper Dublin Township | $540K | $599.8K | +11.1% |
| Upper Moreland Township | $386.2K | $427.5K | +10.7% |
| Horsham | $391K | $411.2K | +5.2% |
| Hatboro | $414K | $412.5K | -0.4% |
Housing Supply in Horsham, PA
How many homes are available in Horsham, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 38 | -13.6% |
Summary: The Horsham real estate market had 38 homes for sale in October 2024, a 13.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 7 | -36.4% |
| 3 Bedrooms | 22 | 19 | -13.6% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Horsham housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 36.4%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 12 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Horsham, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in Horsham in October 2024, down by 33.3% month-over-month. Of the 12 sold homes, 25% were sold under asking, 42% were sold at asking, and 33% were sold over asking.
Days on Market for Horsham, PA
How long does it take to sell a home in Horsham, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 3 Days | 19 Days | +411.1% |
Summary: Homes in Horsham had an average of 19 days on market in Oct 2024, up by 411.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Horsham are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Horsham; 83% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
