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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pipersville is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Pipersville, PA

How much do homes in Pipersville, PA cost?

Median Sold Price

$701,500

$257/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$161,571(+29.9%)

Key Takeaway

Homes in Pipersville have sold for 29.9% more than they did a year ago.

Summary: The median home sold price in Pipersville was $701,500 in November 2024, up 29.9% from last year, and the median price per square foot was $257.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $505K-
N/A
2 $445.5K$956.1K
+114.6%
3 $519.5K$468.2K
-9.9%
4 $692K$725K
+4.8%
5+ $795.5K$921K
+15.8%

Summary: Pipersville 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 114.6%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 15.8%.

Median Sold Price Compared To Nearby Cities

Pipersville
+29.9%
Tinicum Township
+29.8%
Plumstead Township
+19.3%
Ottsville
+0.8%
Bedminster Township
-8.8%

Housing Supply in Pipersville, PA

How many homes are available in Pipersville, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3432-5.9%

Summary: The Pipersville real estate market had 32 homes for sale in November 2024, a 5.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 33
0.0%
3 76
-14.3%
4 1413
-7.1%
5+ 99
0.0%

Summary: The Pipersville 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 14.3%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pipersville, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Pipersville in November 2024, up by 60.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Pipersville, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
13 Days39 Days+195.1%

Summary: Homes in Pipersville had an average of 39 days on market in Nov 2024, up by 195.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Pipersville; 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 21 Days Ago

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