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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middlesex Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Middlesex Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Middlesex Township, PA

How much do homes in Middlesex Township, PA cost?

Median Sold Price

$446,200

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$18,800(-4.0%)

Key Takeaway

Homes in Middlesex Township have sold for 4% less than they did a year ago.

Summary: The median home sold price in Middlesex Township was $446,200 in November 2024, down 4% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $399.9K$195K
-51.2%
3 $294.9K$343.1K
+16.3%
4 $565K$565K
0.0%
5+ $656K$680K
+3.7%

Summary: Middlesex 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 decreased by 51.2%, 3 bedroom homes increased by 16.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 3.7%.

Median Sold Price Compared To Nearby Cities

Penn Township
+25.2%
Adams Township
+6.8%
Gibsonia
-1.9%
Middlesex Township
-4.0%

Housing Supply in Middlesex Township, PA

How many homes are available in Middlesex Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1518+20.0%

Summary: The Middlesex Township real estate market had 18 homes for sale in November 2024, a 20.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 78
+14.3%
4 57
+40.0%
5+ 11
0.0%

Summary: The Middlesex 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Middlesex Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Middlesex Township in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Middlesex Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
16 Days40 Days+153.1%

Summary: Homes in Middlesex Township had an average of 40 days on market in Nov 2024, up by 153.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Middlesex Township; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 21 Days Ago

Newest Listings in Middlesex Township, PA

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What housing markets are near Middlesex Township, PA?