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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Royersford is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Royersford, PA

How much do homes in Royersford, PA cost?

Median Sold Price

$415,000

$224/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in Royersford has remained the same since last year.

Summary: The median home sold price in Royersford was $415,000 in October 2024, the same as last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $240K$220K
-8.3%
2 $270.5K$290K
+7.2%
3 $420K$420K
0.0%
4 $550K$600K
+9.1%
5+ $325K$660K
+103.1%

Summary: Royersford housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.3%, 2 bedroom homes increased by 7.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 103.1%.

Median Sold Price Compared To Nearby Cities

Limerick Township
+14.9%
Upper Providence Township
+5.2%
Royersford
0.0%

Housing Supply in Royersford, PA

How many homes are available in Royersford, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7482+10.8%

Summary: The Royersford real estate market had 82 homes for sale in October 2024, a 10.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 612
+100.0%
3 4649
+6.5%
4 1716
-5.9%
5+ 33
0.0%

Summary: The Royersford 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 increased by 100%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1921+10.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Royersford, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 21 homes were sold or pending in Royersford in October 2024, up by 10.5% month-over-month. Of the 21 sold homes, 24% were sold under asking, 43% were sold at asking, and 33% were sold over asking.

Days on Market for Royersford, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days16 Days0.4%

Summary: Homes in Royersford had an average of 16 days on market in Oct 2024, up by 0.4% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 21 homes were sold in Royersford; 81% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

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