$215,000
10.21 Acres
Land
Alisha Mathias, Listing Office: Keller Williams Real Estate-Montgomeryville
Is Oley Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$39,410(+11.9%)
Key Takeaway
Homes in Oley Township have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in Oley Township was $371,000 in October 2024, up 11.9% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $267.5K | $217.5K | -18.7% |
| 2 Bedrooms | $382.5K | $350K | -8.5% |
| 3 Bedrooms | $271.5K | $370K | +36.3% |
| 4 Bedrooms | $550K | $422.5K | -23.2% |
| 5+ Bedrooms | $375K | $375K | 0.0% |
Summary: Oley Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.7%, 2 bedroom homes decreased by 8.5%, 3 bedroom homes increased by 36.3%, 4 bedroom homes decreased by 23.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Oley Township | $331.5K | $371K | +11.9% |
| Exeter Township | $302.5K | $312.5K | +3.3% |
| Earl Township | $353K | $324.9K | -7.9% |
Housing Supply in Oley Township, PA
How many homes are available in Oley Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
Summary: The Oley Township real estate market had 5 homes for sale in October 2024, a 50.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 4 | 1 | -75.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Oley 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 1 | -83.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oley Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Oley Township in October 2024, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 6 Days | 204 Days | +3300.0% |
Summary: Homes in Oley Township had an average of 204 days on market in Oct 2024, up by 3300% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Oley Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Oley Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.