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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Perkiomenville is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Perkiomenville was a Buyer's Market.

Key Takeaway

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

Housing Prices in Perkiomenville, PA

How much do homes in Perkiomenville, PA cost?

Median Sold Price

$397,500

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$9,500(-2.3%)

Key Takeaway

Homes in Perkiomenville have sold for 2.3% less than they did a year ago.

Summary: The median home sold price in Perkiomenville was $397,500 in November 2024, down 2.3% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $178.9K$50K
-72.1%
2 $315K$240K
-23.8%
3 $322.5K$340K
+5.4%
4 $450.5K$649.9K
+44.3%
5+ $431.5K$570K
+32.1%

Summary: Perkiomenville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 72.1%, 2 bedroom homes decreased by 23.8%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 44.3%, and 5+ bedroom homes increased by 32.1%.

Median Sold Price Compared To Nearby Cities

Lower Frederick Township
+7.8%
Perkiomenville
-2.3%

Housing Supply in Perkiomenville, PA

How many homes are available in Perkiomenville, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1813-27.8%

Summary: The Perkiomenville real estate market had 13 homes for sale in November 2024, a 27.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 97
-22.2%
4 74
-42.9%
5+ 11
0.0%

Summary: The Perkiomenville 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 22.2%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Perkiomenville, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Perkiomenville in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.

Days on Market for Perkiomenville, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
6 Days22 Days+275.0%

Summary: Homes in Perkiomenville had an average of 22 days on market in Nov 2024, up by 275% compared to last year.

Breakdown of Home Sale Times

5 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 Perkiomenville are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in Perkiomenville; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% 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 Perkiomenville, PA

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What housing markets are near Perkiomenville, PA?