Is Lower Oxford Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lower Oxford Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Lower Oxford Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Lower Oxford Township, PA

How much do homes in Lower Oxford Township, PA cost?

Median Sold Price

$280,000

$173/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$120,000(-30.0%)

Key Takeaway

Homes in Lower Oxford Township have sold for 30% less than they did a month ago.

Summary: The median home sold price in Lower Oxford Township was $280,000 in October 2024, down 30% from last month, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $362.5K$280K
-22.8%
4 $550K-
N/A
5+ --
N/A

Summary: Lower Oxford Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 22.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Kirkwood
-2.7%
Lower Oxford Township
-30.0%

Housing Supply in Lower Oxford Township, PA

How many homes are available in Lower Oxford Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1311-15.4%

Summary: The Lower Oxford Township real estate market had 11 homes for sale in October 2024, a 15.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 87
-12.5%
4 43
-25.0%
5+ 11
0.0%

Summary: The Lower Oxford 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lower Oxford Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Lower Oxford Township in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Lower Oxford Township, PA

How long does it take to sell a home in Lower Oxford Township, PA?

Average Sale Time

Sep 2024Oct 2024CHANGE
77 Days6 Days-91.6%

Summary: Homes in Lower Oxford Township had an average of 6 days on market in Oct 2024, down by 91.6% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Lower Oxford Township; 100% of homes were sold within 30 days, 0% 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 17 Days Ago

Newest Listings in Lower Oxford Township, PA

Nearby Markets to Lower Oxford Township, PA

What housing markets are near Lower Oxford Township, PA?