$1,186 Closing Credit*
$99,900
1,152 SqFt
3 Beds
•1 Full Bath
Listing Office: Realty 365
Is Lower Towamensing 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, Lower Towamensing Township has remained a Seller's Market.
Key Takeaway
Lower Towamensing Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lower Towamensing Township, PA
How much do homes in Lower Towamensing Township, PA cost?
Median Sold Price
$251,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,000(+4.6%)
Key Takeaway
Homes in Lower Towamensing Township have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Lower Towamensing Township was $251,000 in October 2024, up 4.6% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | - | N/A |
| 2 Bedrooms | $240K | $190.5K | -20.6% |
| 3 Bedrooms | $245K | $251K | +2.4% |
| 4 Bedrooms | $209K | $220K | +5.3% |
| 5+ Bedrooms | $360K | $187.8K | -47.8% |
Summary: Lower Towamensing Township 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 decreased by 20.6%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 47.8%.
Median Sold Price Compared To Nearby Cities
| Lehigh Township | $325.5K | $379.9K | +16.7% |
| Lower Towamensing Township | $240K | $251K | +4.6% |
| Palmerton | $231K | $220K | -4.8% |
Housing Supply in Lower Towamensing Township, PA
How many homes are available in Lower Towamensing Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Summary: The Lower Towamensing Township real estate market had 7 homes for sale in October 2024, a 16.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lower Towamensing 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 increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lower Towamensing 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 Towamensing Township in October 2024, up by 100.0% 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 Towamensing Township, PA
How long does it take to sell a home in Lower Towamensing Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 59 Days | 11 Days | -81.5% |
Summary: Homes in Lower Towamensing Township had an average of 11 days on market in Oct 2024, down by 81.5% compared to last year.
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
Key Takeaway
Many homes in Lower Towamensing Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Lower Towamensing 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.
