$1,899 Closing Credit*
$159,900
1,528 SqFt
3 Beds
•1 Full Bath, 1 Partial
#WB-100596, Listing Office: Iron Valley Real Estate North Central PA
Is Montgomery 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, Montgomery Township has remained a Neutral Market.
Key Takeaway
Montgomery Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Montgomery Township, PA
How much do homes in Montgomery Township, PA cost?
Median Sold Price
$309,900
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,000(+12.7%)
Key Takeaway
Homes in Montgomery Township have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Montgomery Township was $309,900 in November 2024, up 12.7% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $81.1K | $87.5K | +7.9% |
| 2 Bedrooms | $255K | $245K | -3.9% |
| 3 Bedrooms | $273.5K | $326K | +19.2% |
| 4 Bedrooms | $506K | $396.1K | -21.7% |
| 5+ Bedrooms | $310K | $395K | +27.4% |
Summary: Montgomery Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.9%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes increased by 19.2%, 4 bedroom homes decreased by 21.7%, and 5+ bedroom homes increased by 27.4%.
Median Sold Price Compared To Nearby Cities
| Montgomery Township | $274.9K | $309.9K | +12.7% |
| Antrim Township | $315K | $315K | 0.0% |
Housing Supply in Montgomery Township, PA
How many homes are available in Montgomery Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 18 | -18.2% |
Summary: The Montgomery Township real estate market had 18 homes for sale in November 2024, a 18.2% 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 | 3 | +50.0% |
| 3 Bedrooms | 13 | 9 | -30.8% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Montgomery 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 50%, 3 bedroom homes decreased by 30.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 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 Montgomery Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Montgomery Township in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Montgomery Township, PA
How long does it take to sell a home in Montgomery Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 6 Days | 10 Days | +75.0% |
Summary: Homes in Montgomery Township had an average of 10 days on market in Nov 2024, up by 75% 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 Montgomery Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Montgomery Township; 67% 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.
