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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sellersville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Sellersville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sellersville, PA

How much do homes in Sellersville, PA cost?

Median Sold Price

$366,500

$236/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$90,500(-19.8%)

Key Takeaway

Homes in Sellersville have sold for 19.8% less than they did a month ago.

Summary: The median home sold price in Sellersville was $366,500 in November 2024, down 19.8% from last month, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $263.9K$268.5K
+1.7%
3 $457K$375K
-17.9%
4 $495K$805K
+62.6%
5+ --
N/A

Summary: Sellersville housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.7%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes increased by 62.6%, and 5+ bedroom homes did not change.

Housing Supply in Sellersville, PA

How many homes are available in Sellersville, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3836-5.3%

Summary: The Sellersville real estate market had 36 homes for sale in November 2024, a 5.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 57
+40.0%
3 2219
-13.6%
4 88
0.0%
5+ 22
0.0%

Summary: The Sellersville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
880.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sellersville, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Sellersville in November 2024, the same as the previous month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.

Days on Market for Sellersville, PA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
8 Days17 Days+108.8%

Summary: Homes in Sellersville had an average of 17 days on market in Nov 2024, up by 108.8% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Sellersville; 75% of homes were sold within 30 days, 25% 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 2 Days Ago

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