$10,000 Closing Credit*
$1,200,000
4,806 SqFt
5 Beds
•4 Full Baths
Andy Oei, Listing Office: BHHS Fox & Roach The Harper at Rittenhouse Square
Is Pennsbury Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Pennsbury Township was a Buyer's Market.
Key Takeaway
Pennsbury Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pennsbury Township, PA
How much do homes in Pennsbury Township, PA cost?
Median Sold Price
$715,000
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$107,000(-13.0%)
Key Takeaway
Homes in Pennsbury Township have sold for 13% less than they did a year ago.
Summary: The median home sold price in Pennsbury Township was $715,000 in October 2024, down 13% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $476.5K | N/A |
| 3 Bedrooms | $477.5K | $532.5K | +11.5% |
| 4 Bedrooms | $872.5K | $884.9K | +1.4% |
| 5+ Bedrooms | $860K | $880K | +2.3% |
Summary: Pennsbury Township housing prices by bedroom type for October 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 11.5%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 2.3%.
Median Sold Price Compared To Nearby Cities
| Kennett Township | $567.5K | $652.2K | +14.9% |
| Chadds Ford Township | $600K | $640K | +6.7% |
| Birmingham Township | $833K | $827.5K | -0.7% |
| Chadds Ford | $691.5K | $670K | -3.1% |
| Pennsbury Township | $822K | $715K | -13.0% |
Housing Supply in Pennsbury Township, PA
How many homes are available in Pennsbury Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 18 | +12.5% |
Summary: The Pennsbury Township real estate market had 18 homes for sale in October 2024, a 12.5% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Pennsbury 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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pennsbury Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Pennsbury Township in October 2024, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Pennsbury Township, PA
How long does it take to sell a home in Pennsbury Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 7 Days | 20 Days | +193.9% |
Summary: Homes in Pennsbury Township had an average of 20 days on market in Oct 2024, up by 193.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pennsbury Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Pennsbury Township; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
