Is Levittown, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Levittown is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Levittown has remained a Seller's Market.

Key Takeaway

Levittown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Levittown, PA

How much do homes in Levittown, PA cost?

Median Sold Price

$375,000

$240/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,178(+10.4%)

Key Takeaway

Homes in Levittown have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Levittown was $375,000 in October 2024, up 10.4% from last year, and the median price per square foot was $240.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $247.4K$280K
+13.2%
3 $325K$345K
+6.2%
4 $358K$389.9K
+8.9%
5+ $453K$432.5K
-4.5%

Summary: Levittown 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 13.2%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 4.5%.

Median Sold Price Compared To Nearby Neighborhoods

Red Cedar
+13.0%
Levittown
+10.4%

Housing Supply in Levittown, PA

How many homes are available in Levittown, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
122126+3.3%

Summary: The Levittown real estate market had 126 homes for sale in October 2024, a 3.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 79
+28.6%
3 3936
-7.7%
4 6170
+14.8%
5+ 1511
-26.7%

Summary: The Levittown 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 increased by 28.6%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes decreased by 26.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3743+16.2%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Levittown, you may be able to get a good deal. 34.9% of homes here sold below asking price last month.

Summary: A total of 43 homes were sold or pending in Levittown in October 2024, up by 16.2% month-over-month. Of the 43 sold homes, 35% were sold under asking, 35% were sold at asking, and 30% were sold over asking.

Days on Market for Levittown, PA

How long does it take to sell a home in Levittown, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days22 Days+15.2%

Summary: Homes in Levittown had an average of 22 days on market in Oct 2024, up by 15.2% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Levittown are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 43 homes were sold in Levittown; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

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