$4,155 Closing Credit*
$349,900
2,020 SqFt
3 Beds
•1 Full Bath, 1 Partial
Jennifer King, Listing Office: RE/MAX Evolved
Is Pequea 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, Pequea Township has remained a Seller's Market.
Key Takeaway
Pequea Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pequea Township, PA
How much do homes in Pequea Township, PA cost?
Median Sold Price
$331,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$19,000(-5.4%)
Key Takeaway
Homes in Pequea Township have sold for 5.4% less than they did a year ago.
Summary: The median home sold price in Pequea Township was $331,000 in November 2024, down 5.4% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $300K | $240K | -20.0% |
| 3 Bedrooms | $333.4K | $310K | -7.0% |
| 4 Bedrooms | $373K | $425K | +13.9% |
| 5+ Bedrooms | $495K | $450K | -9.1% |
Summary: Pequea Township 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 decreased by 20%, 3 bedroom homes decreased by 7%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes decreased by 9.1%.
Median Sold Price Compared To Nearby Cities
| Conestoga | $330K | $355K | +7.6% |
| Conestoga Township | $342.5K | $355K | +3.6% |
| Pequea | $375K | $382.5K | +2.0% |
| Willow Street | $330K | $323.5K | -2.0% |
| Pequea Township | $350K | $331K | -5.4% |
Housing Supply in Pequea Township, PA
How many homes are available in Pequea Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 16 | -11.1% |
Summary: The Pequea Township real estate market had 16 homes for sale in November 2024, a 11.1% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Pequea 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pequea Township, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Pequea Township in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for Pequea Township, PA
How long does it take to sell a home in Pequea Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 11 Days | -13.6% |
Summary: Homes in Pequea Township had an average of 11 days on market in Nov 2024, down by 13.6% 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
Key Takeaway
Many homes in Pequea Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Pequea Township; 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.
