$3,563 Closing Credit*
$300,000
2,494 SqFt
Chaundra L Santangelo, Listing Office: Springer Realty Group
Is Lower Pottsgrove Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Lower Pottsgrove Township has remained a Seller's Market.
Key Takeaway
Lower Pottsgrove Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lower Pottsgrove Township, PA
How much do homes in Lower Pottsgrove Township, PA cost?
Median Sold Price
$360,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$26,250(+7.9%)
Key Takeaway
Homes in Lower Pottsgrove Township have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in Lower Pottsgrove Township was $360,000 in November 2024, up 7.9% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $230K | $235K | +2.2% |
| 3 Bedrooms | $310K | $310.7K | 0.2% |
| 4 Bedrooms | $401.6K | $415K | +3.3% |
| 5+ Bedrooms | $455.4K | $564.9K | +24.0% |
Summary: Lower Pottsgrove Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 24%.
Housing Supply in Lower Pottsgrove Township, PA
How many homes are available in Lower Pottsgrove Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 46 | 42 | -8.7% |
Summary: The Lower Pottsgrove Township real estate market had 42 homes for sale in November 2024, a 8.7% 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 | 1 | 3 | +200.0% |
| 3 Bedrooms | 23 | 24 | +4.3% |
| 4 Bedrooms | 20 | 14 | -30.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Lower Pottsgrove 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 increased by 200%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lower Pottsgrove Township, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Lower Pottsgrove Township in November 2024, up by 16.7% month-over-month. Of the 14 sold homes, 7% were sold under asking, 36% were sold at asking, and 57% were sold over asking.
Days on Market for Lower Pottsgrove Township, PA
How long does it take to sell a home in Lower Pottsgrove Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 8 Days | -25.7% |
Summary: Homes in Lower Pottsgrove Township had an average of 8 days on market in Nov 2024, down by 25.7% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lower Pottsgrove Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Lower Pottsgrove 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.
