$9,322 Closing Credit*
$785,000
4,381 SqFt
4 Beds
•2 Full Baths, 2 Partial
Christopher P Hennessy, Listing Office: EXP Realty, LLC
Is Telford, 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, Telford has remained a Seller's Market.
Key Takeaway
Telford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Telford, PA
How much do homes in Telford, PA cost?
Median Sold Price
$423,750
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,300(+9.1%)
Key Takeaway
Homes in Telford have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Telford was $423,750 in November 2024, up 9.1% 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 | $185K | $166.5K | -10.0% |
| 2 Bedrooms | $275K | $327.5K | +19.1% |
| 3 Bedrooms | $370K | $410K | +10.8% |
| 4 Bedrooms | $480K | $505K | +5.2% |
| 5+ Bedrooms | $746K | $619K | -17.0% |
Summary: Telford housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10%, 2 bedroom homes increased by 19.1%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 17%.
Median Sold Price Compared To Nearby Cities
| Souderton | $392.4K | $437K | +11.4% |
| Telford | $388.4K | $425K | +9.4% |
| Telford | $388.4K | $423.7K | +9.1% |
| Salford Township | $425K | $449.9K | +5.9% |
| Franconia Township | $492.5K | $473K | -4.0% |
Housing Supply in Telford, PA
How many homes are available in Telford, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 27 | -28.9% |
Summary: The Telford real estate market had 27 homes for sale in November 2024, a 28.9% 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 | 5 | 6 | +20.0% |
| 3 Bedrooms | 17 | 9 | -47.1% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Telford 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 increased by 20%, 3 bedroom homes decreased by 47.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Telford, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Telford in November 2024, down by 8.3% month-over-month. Of the 11 sold homes, 27% were sold under asking, 9% were sold at asking, and 64% were sold over asking.
Days on Market for Telford, PA
How long does it take to sell a home in Telford, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 13 Days | -45.3% |
Summary: Homes in Telford had an average of 13 days on market in Nov 2024, down by 45.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Telford are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Telford; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
