$2,611 Closing Credit*
$219,900
1,498 SqFt
3 Beds
•2 Full Baths
Amber L Moyer, Listing Office: Compass Pennsylvania, LLC
Is Perkasie, 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, Perkasie has remained a Seller's Market.
Key Takeaway
Perkasie is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Perkasie, PA
How much do homes in Perkasie, PA cost?
Median Sold Price
$459,950
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$34,950(+8.2%)
Key Takeaway
Homes in Perkasie have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Perkasie was $459,950 in November 2024, up 8.2% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $260K | $429K | +65.0% |
| 3 Bedrooms | $405K | $412.9K | +2.0% |
| 4 Bedrooms | $561.8K | $605K | +7.7% |
| 5+ Bedrooms | $469.9K | $749.5K | +59.5% |
Summary: Perkasie 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 increased by 65%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 59.5%.
Median Sold Price Compared To Nearby Cities
| Hilltown Township | $497K | $550K | +10.7% |
| Perkasie | $425K | $459.9K | +8.2% |
Housing Supply in Perkasie, PA
How many homes are available in Perkasie, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 66 | 65 | -1.5% |
Summary: The Perkasie real estate market had 65 homes for sale in November 2024, a 1.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 3 | +100.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 27 | 22 | -18.5% |
| 4 Bedrooms | 28 | 29 | +3.6% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Perkasie housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 18.5%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 15 | -40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Perkasie, you could pay more than the asking price. 40% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Perkasie in November 2024, down by 40.0% month-over-month. Of the 15 sold homes, 27% were sold under asking, 33% were sold at asking, and 40% were sold over asking.
Days on Market for Perkasie, PA
How long does it take to sell a home in Perkasie, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 22 Days | +80.1% |
Summary: Homes in Perkasie had an average of 22 days on market in Nov 2024, up by 80.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Perkasie are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in Perkasie; 80% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
