$4,038 Closing Credit*
$340,000
2,472 SqFt
3 Beds
•2 Full Baths
Angela L Fairchild, Listing Office: Coldwell Banker Realty
Is Peters 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, Peters Township was a Seller's Market.
Key Takeaway
Peters Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Peters Township, PA
How much do homes in Peters Township, PA cost?
Median Sold Price
$235,620
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,620(+14.9%)
Key Takeaway
Homes in Peters Township have sold for 14.9% more than they did a year ago.
Summary: The median home sold price in Peters Township was $235,620 in October 2024, up 14.9% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | - | N/A |
| 2 Bedrooms | $198K | $184.4K | -6.9% |
| 3 Bedrooms | $222.5K | $240K | +7.9% |
| 4 Bedrooms | $190K | $202K | +6.3% |
| 5+ Bedrooms | $327K | $235.6K | -27.9% |
Summary: Peters 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 decreased by 6.9%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 27.9%.
Median Sold Price Compared To Nearby Cities
| Montgomery Township | $265K | $309.9K | +16.9% |
| Peters Township | $205K | $235.6K | +14.9% |
Housing Supply in Peters Township, PA
How many homes are available in Peters Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Summary: The Peters Township real estate market had 19 homes for sale in October 2024, a 11.8% 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Peters 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 decreased by 33.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Peters Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Peters Township in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Peters Township, PA
How long does it take to sell a home in Peters Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 6 Days | 3 Days | -46.2% |
Summary: Homes in Peters Township had an average of 3 days on market in Oct 2024, down by 46.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Peters Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Peters Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
