Is Ottsville, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ottsville is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Ottsville has remained a Seller's Market.

Key Takeaway

Ottsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ottsville, PA

How much do homes in Ottsville, PA cost?

Median Sold Price

$600,000

$272/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,000(+0.8%)

Key Takeaway

Homes in Ottsville have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Ottsville was $600,000 in November 2024, up 0.8% from last year, and the median price per square foot was $272.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $325K-
N/A
2 $550K-
N/A
3 $456.9K$580K
+26.9%
4 $750K$866.9K
+15.6%
5+ $759.5K$949.9K
+25.1%

Summary: Ottsville 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 did not change, 3 bedroom homes increased by 26.9%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 25.1%.

Median Sold Price Compared To Nearby Cities

Pipersville
+29.9%
Tinicum Township
+29.8%
Nockamixon Township
+24.2%
Ottsville
+0.8%
Bedminster Township
-8.8%

Housing Supply in Ottsville, PA

How many homes are available in Ottsville, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1715-11.8%

Summary: The Ottsville real estate market had 15 homes for sale in November 2024, a 11.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 11
0.0%
3 87
-12.5%
4 65
-16.7%
5+ 11
0.0%

Summary: The Ottsville 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 12.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ottsville, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Ottsville in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Ottsville, PA

How long does it take to sell a home in Ottsville, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days23 Days-41.0%

Summary: Homes in Ottsville had an average of 23 days on market in Nov 2024, down by 41% compared to last year.

Breakdown of Home Sale Times

4 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 Ottsville are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Ottsville; 80% of homes were sold within 30 days, 20% 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 17 Days Ago

Newest Listings in Ottsville, PA

Nearby Markets to Ottsville, PA

What housing markets are near Ottsville, PA?