Is Pennsbury Village, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pennsbury Village is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Pennsbury Village, PA

How much do homes in Pennsbury Village, PA cost?

Median Sold Price

$170,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$4,200(+2.5%)

Key Takeaway

Homes in Pennsbury Village have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in Pennsbury Village was $170,000 in October 2024, up 2.5% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $127K$134.9K
+6.3%
2 $168K$169.4K
+0.8%
3 $173K$186K
+7.5%
4 --
N/A
5+ --
N/A

Summary: Pennsbury Village housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 7.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Robinson Township
+22.2%
Pennsbury Village
+2.5%

Housing Supply in Pennsbury Village, PA

How many homes are available in Pennsbury Village, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
911+22.2%

Summary: The Pennsbury Village real estate market had 11 homes for sale in October 2024, a 22.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 68
+33.3%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Pennsbury Village 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

2 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 Pennsbury Village, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Pennsbury Village in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Pennsbury Village, PA

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

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pennsbury Village are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Pennsbury Village; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 14 Days Ago

Newest Listings in Pennsbury Village, PA

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What housing markets are near Pennsbury Village, PA?