Is Thornbury Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Thornbury Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Thornbury Township was a Seller's Market.

Key Takeaway

Thornbury Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Thornbury Township, PA

How much do homes in Thornbury Township, PA cost?

Median Sold Price

$725,000

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$5,007(-0.7%)

Key Takeaway

Homes in Thornbury Township have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in Thornbury Township was $725,000 in November 2024, down 0.7% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $662K$200K
-69.8%
3 $597.4K$636K
+6.5%
4 $776K$850K
+9.5%
5+ $1.1M$1.1M
-6.2%

Summary: Thornbury 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 decreased by 69.8%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes decreased by 6.2%.

Median Sold Price Compared To Nearby Cities

Glen Mills
+1.9%
Thornbury Township
-0.7%

Housing Supply in Thornbury Township, PA

How many homes are available in Thornbury Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2125+19.0%

Summary: The Thornbury Township real estate market had 25 homes for sale in November 2024, a 19.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 65
-16.7%
4 1318
+38.5%
5+ 11
0.0%

Summary: The Thornbury 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 16.7%, 4 bedroom homes increased by 38.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Thornbury Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Thornbury Township in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Thornbury Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
11 Days14 Days+20.0%

Summary: Homes in Thornbury Township had an average of 14 days on market in Nov 2024, up by 20% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Thornbury 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Thornbury Township, PA

Nearby Markets to Thornbury Township, PA

What housing markets are near Thornbury Township, PA?