$3,266 Closing Credit*
$275,000
1,697 SqFt
3 Beds
•1 Full Bath
Linda A Martin, Listing Office: Coldwell Banker Heritage-Quakertown
Is Quakertown, 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, Quakertown has remained a Seller's Market.
Key Takeaway
Quakertown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Quakertown, PA
How much do homes in Quakertown, PA cost?
Median Sold Price
$384,900
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,900(+4.0%)
Key Takeaway
Homes in Quakertown have sold for 4% more than they did a year ago.
Summary: The median home sold price in Quakertown was $384,900 in November 2024, up 4% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $320K | $174.9K | -45.3% |
| 2 Bedrooms | $260.5K | $279.4K | +7.3% |
| 3 Bedrooms | $336K | $345K | +2.7% |
| 4 Bedrooms | $424.7K | $544.5K | +28.2% |
| 5+ Bedrooms | $483K | $448.5K | -7.1% |
Summary: Quakertown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.3%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 28.2%, and 5+ bedroom homes decreased by 7.1%.
Median Sold Price Compared To Nearby Cities
| Quakertown | $370K | $384.9K | +4.0% |
| Milford Township | $419.9K | $422.5K | +0.6% |
| Richland Township | $394.9K | $385K | -2.5% |
Housing Supply in Quakertown, PA
How many homes are available in Quakertown, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 96 | 76 | -20.8% |
Summary: The Quakertown real estate market had 76 homes for sale in November 2024, a 20.8% 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 | 9 | 12 | +33.3% |
| 3 Bedrooms | 47 | 37 | -21.3% |
| 4 Bedrooms | 33 | 20 | -39.4% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Quakertown 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 increased by 33.3%, 3 bedroom homes decreased by 21.3%, 4 bedroom homes decreased by 39.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 26 | -33.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Quakertown, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 26 homes were sold or pending in Quakertown in November 2024, down by 33.3% month-over-month. Of the 26 sold homes, 38% were sold under asking, 12% were sold at asking, and 50% were sold over asking.
Days on Market for Quakertown, PA
How long does it take to sell a home in Quakertown, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 22 Days | -0.8% |
Summary: Homes in Quakertown had an average of 22 days on market in Nov 2024, down by 0.8% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Quakertown are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 26 homes were sold in Quakertown; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
