$5,105 Closing Credit*
$429,900
1,725 SqFt
3 Beds
•2 Full Baths, 1 Partial
Angela K Sullivan, Listing Office: RE/MAX 440 - Perkasie
Is Milford 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, Milford Township has remained a Seller's Market.
Key Takeaway
Milford Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Milford Township, PA
How much do homes in Milford Township, PA cost?
Median Sold Price
$422,500
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,550(+0.6%)
Key Takeaway
Homes in Milford Township have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Milford Township was $422,500 in November 2024, up 0.6% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $64K | N/A |
| 2 Bedrooms | $241K | $270K | +12.0% |
| 3 Bedrooms | $375K | $379.9K | +1.3% |
| 4 Bedrooms | $517.5K | $606.2K | +17.1% |
| 5+ Bedrooms | $555K | $572.5K | +3.2% |
Summary: Milford 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 12%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Cities
| Lower Milford Township | $400K | $542.4K | +35.6% |
| Quakertown | $370K | $384.9K | +4.0% |
| Milford Township | $419.9K | $422.5K | +0.6% |
| Richland Township | $394.9K | $385K | -2.5% |
Housing Supply in Milford Township, PA
How many homes are available in Milford Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 13 | -50.0% |
Summary: The Milford Township real estate market had 13 homes for sale in November 2024, a 50.0% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 4 | -55.6% |
| 4 Bedrooms | 11 | 4 | -63.6% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Milford 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 decreased by 55.6%, 4 bedroom homes decreased by 63.6%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 4 | -69.2% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Milford Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Milford Township in November 2024, down by 69.2% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Milford Township, PA
How long does it take to sell a home in Milford Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 6 Days | -55.7% |
Summary: Homes in Milford Township had an average of 6 days on market in Nov 2024, down by 55.7% compared to last year.
Breakdown of Home Sale Times
4 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 Milford Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Milford 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.
