$5,081 Closing Credit*
$427,900
1,616 SqFt
3 Beds
•2 Full Baths
Bethann Mede, Listing Office: Joseph A Myers Real Estate, Inc.
Is Richmond Township, 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, Richmond Township has remained a Seller's Market.
Key Takeaway
Richmond Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Richmond Township, PA
How much do homes in Richmond Township, PA cost?
Median Sold Price
$315,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,000(-1.6%)
Key Takeaway
Homes in Richmond Township have sold for 1.6% less than they did a year ago.
Summary: The median home sold price in Richmond Township was $315,000 in November 2024, down 1.6% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $265K | $315K | +18.9% |
| 3 Bedrooms | $282.7K | $315.5K | +11.6% |
| 4 Bedrooms | $445K | $312.5K | -29.8% |
| 5+ Bedrooms | $457.5K | - | N/A |
Summary: Richmond Township 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 18.9%, 3 bedroom homes increased by 11.6%, 4 bedroom homes decreased by 29.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Fleetwood | $300.5K | $315K | +4.8% |
| Richmond Township | $320K | $315K | -1.6% |
| Greenwich Township | $440K | $420K | -4.5% |
Housing Supply in Richmond Township, PA
How many homes are available in Richmond Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 17 | +41.7% |
Summary: The Richmond Township real estate market had 17 homes for sale in November 2024, a 41.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Richmond Township 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 remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Richmond Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Richmond Township in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Richmond Township, PA
How long does it take to sell a home in Richmond Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 8 Days | 11 Days | +46.9% |
Summary: Homes in Richmond Township had an average of 11 days on market in Nov 2024, up by 46.9% compared to last year.
Breakdown of Home Sale Times
4 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 Richmond Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Richmond 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.
