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 October 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

$446,100

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$18,900(-4.1%)

Key Takeaway

Homes in Middlesex Township have sold for 4.1% less than they did a year ago.

Summary: The median home sold price in Middlesex Township was $446,100 in October 2024, down 4.1% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $410K$259.5K
-36.7%
3 $290K$331.2K
+14.2%
4 $553.7K$572.9K
+3.5%
5+ $656K$680K
+3.7%

Summary: Middlesex 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 36.7%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 3.7%.

Median Sold Price Compared To Nearby Cities

Penn Township
+20.0%
Adams Township
+5.9%
Middlesex Township
-4.1%
Gibsonia
-4.1%

Housing Supply in Middlesex Township, PA

How many homes are available in Middlesex Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1617+6.3%

Summary: The Middlesex Township real estate market had 17 homes for sale in October 2024, a 6.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 87
-12.5%
4 76
-14.3%
5+ 02
+100.0%

Summary: The Middlesex 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 increased by 100%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Middlesex Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Middlesex Township in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% 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

Oct 2023Oct 2024CHANGE
15 Days18 Days+14.9%

Summary: Homes in Middlesex Township had an average of 18 days on market in Oct 2024, up by 14.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were 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 October 2024, 4 homes were sold in Middlesex Township; 75% of homes were sold within 30 days, 25% 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 20 Days Ago

Newest Listings in Middlesex Township, PA

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