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 December 2023

Since last year, 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

$385,000

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$40,000(-9.4%)

Key Takeaway

Homes in Sellersville have sold for 9.4% less than they did a year ago.

Summary: The median home sold price in Sellersville was $385,000 in December 2024, down 9.4% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $184.9K-
N/A
2 $275K$280K
+1.8%
3 $375K$410K
+9.3%
4 $590.5K$495K
-16.2%
5+ $630K$347.5K
-44.8%

Summary: Sellersville housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 9.3%, 4 bedroom homes decreased by 16.2%, and 5+ bedroom homes decreased by 44.8%.

Median Sold Price Compared To Nearby Cities

Perkasie
+6.4%
West Rockhill Township
-0.5%
Sellersville
-9.4%
East Rockhill Township
-10.5%

Housing Supply in Sellersville, PA

How many homes are available in Sellersville, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3435+2.9%

Summary: The Sellersville real estate market had 35 homes for sale in December 2024, a 2.9% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 77
0.0%
3 1618
+12.5%
4 98
-11.1%
5+ 22
0.0%

Summary: The Sellersville housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sellersville, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Sellersville in December 2024, up by 25.0% month-over-month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% 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

Dec 2023Dec 2024CHANGE
19 Days22 Days+14.5%

Summary: Homes in Sellersville had an average of 22 days on market in Dec 2024, up by 14.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

5 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 December 2024, 10 homes were sold in Sellersville; 50% of homes were sold within 30 days, 50% 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 4 Days Ago

Newest Listings in Sellersville, PA

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