$5,936 Closing Credit*
$499,900
5,672 SqFt
Paul W Barndt Jr, Listing Office: The Barndt Agency Inc
Is Marlborough 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, Marlborough Township was a Seller's Market.
Key Takeaway
Marlborough Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Marlborough Township, PA
How much do homes in Marlborough Township, PA cost?
Median Sold Price
$522,500
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$127,500(+32.3%)
Key Takeaway
Homes in Marlborough Township have sold for 32.3% more than they did a year ago.
Summary: The median home sold price in Marlborough Township was $522,500 in November 2024, up 32.3% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $235K | $251.2K | +6.9% |
| 3 Bedrooms | $392.5K | $490K | +24.8% |
| 4 Bedrooms | $500.4K | $553.5K | +10.6% |
| 5+ Bedrooms | $613.5K | $730K | +19.0% |
Summary: Marlborough 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 6.9%, 3 bedroom homes increased by 24.8%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 19%.
Median Sold Price Compared To Nearby Cities
| Marlborough Township | $395K | $522.5K | +32.3% |
| Perkiomenville | $407K | $397.5K | -2.3% |
| Upper Salford Township | $607K | $551.8K | -9.1% |
Housing Supply in Marlborough Township, PA
How many homes are available in Marlborough Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 13 | +85.7% |
Summary: The Marlborough Township real estate market had 13 homes for sale in November 2024, a 85.7% increase 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Marlborough 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 100%, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Marlborough Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Marlborough Township in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Marlborough Township, PA
How long does it take to sell a home in Marlborough Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 7 Days | -51.2% |
Summary: Homes in Marlborough Township had an average of 7 days on market in Nov 2024, down by 51.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Marlborough Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Marlborough 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.
