Is Oley 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, Oley Township has remained a Seller's Market.
Key Takeaway
Oley Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oley Township, PA
How much do homes in Oley Township, PA cost?
Median Sold Price
$371,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
Key Takeaway
Homes in Oley Township have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Oley Township was $371,000 in November 2024, up 4.5% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $267.5K | $217.5K | -18.7% |
| 2 Bedrooms | $360K | $336K | -6.7% |
| 3 Bedrooms | $282K | $370K | +31.2% |
| 4 Bedrooms | $566.5K | $422.5K | -25.4% |
| 5+ Bedrooms | $368K | $375K | +1.9% |
Summary: Oley Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.7%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 31.2%, 4 bedroom homes decreased by 25.4%, and 5+ bedroom homes increased by 1.9%.
Median Sold Price Compared To Nearby Cities
| Oley | $355K | $375K | +5.6% |
| Oley Township | $355K | $371K | +4.5% |
| Exeter Township | $307.3K | $311.8K | +1.5% |
Housing Supply in Oley Township, PA
How many homes are available in Oley Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Summary: The Oley Township real estate market had 3 homes for sale in November 2024, a 40.0% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Oley 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Oley Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Oley Township in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Oley Township, PA
How long does it take to sell a home in Oley Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 6 Days | 56 Days | +761.5% |
Summary: Homes in Oley Township had an average of 56 days on market in Nov 2024, up by 761.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Oley Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Oley Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
