$5,105 Closing Credit*
$429,900
1,757 SqFt
4 Beds
•1 Full Bath, 1 Partial
Peter Cerruti, Listing Office: RE/MAX 440 - Quakertown
Is Salford 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, Salford Township has remained a Seller's Market.
Key Takeaway
Salford Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Salford Township, PA
How much do homes in Salford Township, PA cost?
Median Sold Price
$449,900
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$24,900(+5.9%)
Key Takeaway
Homes in Salford Township have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Salford Township was $449,900 in November 2024, up 5.9% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $212K | - | N/A |
| 2 Bedrooms | $380K | - | N/A |
| 3 Bedrooms | $425K | $432.5K | +1.8% |
| 4 Bedrooms | $787.5K | $773.7K | -1.7% |
| 5+ Bedrooms | $295K | $630K | +113.6% |
Summary: Salford 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 did not change, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 113.6%.
Median Sold Price Compared To Nearby Cities
| Marlborough Township | $395K | $522.5K | +32.3% |
| Telford | $388.4K | $423.7K | +9.1% |
| Salford Township | $425K | $449.9K | +5.9% |
| Franconia Township | $492.5K | $473K | -4.0% |
| Upper Salford Township | $607K | $551.8K | -9.1% |
Housing Supply in Salford Township, PA
How many homes are available in Salford Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Summary: The Salford Township real estate market had 7 homes for sale in November 2024, a 36.4% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 4 | -42.9% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Salford Township 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 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Salford 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 Salford Township in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Salford Township, PA
How long does it take to sell a home in Salford Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 7 Days | 23 Days | +235.7% |
Summary: Homes in Salford Township had an average of 23 days on market in Nov 2024, up by 235.7% 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 Salford Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Salford 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.
