$10,000 Closing Credit*
$875,000
4 Beds
•2 Full Baths, 1 Partial
Richard W Parke, Listing Office: RE/MAX Achievers-Collegeville
Is Lower Frederick Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Lower Frederick Township was a Neutral Market.
Key Takeaway
Lower Frederick Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lower Frederick Township, PA
How much do homes in Lower Frederick Township, PA cost?
Median Sold Price
$362,500
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$26,250(+7.8%)
Key Takeaway
Homes in Lower Frederick Township have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Lower Frederick Township was $362,500 in November 2024, up 7.8% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $191.2K | $258K | +34.9% |
| 2 Bedrooms | $280K | $302.5K | +8.0% |
| 3 Bedrooms | $325K | $341.5K | +5.1% |
| 4 Bedrooms | $613.7K | $565K | -7.9% |
| 5+ Bedrooms | $330K | $640K | +93.9% |
Summary: Lower Frederick Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.9%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes increased by 93.9%.
Median Sold Price Compared To Nearby Cities
| Schwenksville | $455K | $505K | +11.0% |
| Lower Frederick Township | $336.2K | $362.5K | +7.8% |
| Perkiomenville | $407K | $397.5K | -2.3% |
| Upper Salford Township | $607K | $551.8K | -9.1% |
Housing Supply in Lower Frederick Township, PA
How many homes are available in Lower Frederick Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Summary: The Lower Frederick Township real estate market had 13 homes for sale in November 2024, a 7.1% 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lower Frederick 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 decreased by 33.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lower Frederick Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Lower Frederick Township in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Lower Frederick Township, PA
How long does it take to sell a home in Lower Frederick Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 65 Days | +204.7% |
Summary: Homes in Lower Frederick Township had an average of 65 days on market in Nov 2024, up by 204.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lower Frederick Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Lower Frederick Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
