$5,284 Closing Credit*
$445,000
1,688 SqFt
3 Beds
•2 Full Baths, 1 Partial
Erica Marie Storey, Listing Office: KW Greater West Chester
Is Limerick Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Limerick Township has remained a Seller's Market.
Key Takeaway
Limerick Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Limerick Township, PA
How much do homes in Limerick Township, PA cost?
Median Sold Price
$500,000
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$65,000(+14.9%)
Key Takeaway
Homes in Limerick Township have sold for 14.9% more than they did a year ago.
Summary: The median home sold price in Limerick Township was $500,000 in October 2024, up 14.9% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $215K | -4.4% |
| 2 Bedrooms | $257.5K | $322.5K | +25.2% |
| 3 Bedrooms | $442.7K | $475.5K | +7.4% |
| 4 Bedrooms | $640K | $655K | +2.3% |
| 5+ Bedrooms | $730K | $777.5K | +6.5% |
Summary: Limerick Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.4%, 2 bedroom homes increased by 25.2%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Cities
| Limerick Township | $435K | $500K | +14.9% |
| Lower Pottsgrove Township | $333.7K | $357.5K | +7.1% |
| Pottstown | $295K | $315K | +6.8% |
| Royersford | $415K | $415K | 0.0% |
| East Vincent Township | $501K | $487.5K | -2.7% |
Housing Supply in Limerick Township, PA
How many homes are available in Limerick Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 | 61 | +7.0% |
Summary: The Limerick Township real estate market had 61 homes for sale in October 2024, a 7.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 2 | 5 | +150.0% |
| 3 Bedrooms | 31 | 35 | +12.9% |
| 4 Bedrooms | 18 | 16 | -11.1% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Limerick Township 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 150%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 12 | -29.4% |
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 Limerick Township, 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 Limerick Township in October 2024, down by 29.4% 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 Limerick Township, PA
How long does it take to sell a home in Limerick Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 16 Days | -20.7% |
Summary: Homes in Limerick Township had an average of 16 days on market in Oct 2024, down by 20.7% compared to last year.
Breakdown of Home Sale Times
10 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 Limerick Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Limerick Township; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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