$1,544 Closing Credit*
$130,000
1,232 SqFt
3 Beds
•2 Full Baths
Listing Office: BHHS Fox & Roach Center Valley
Is Towamensing Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Towamensing Township was a Buyer's Market.
Key Takeaway
Towamensing Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Towamensing Township, PA
How much do homes in Towamensing Township, PA cost?
Median Sold Price
$335,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,000(+5.3%)
Key Takeaway
Homes in Towamensing Township have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Towamensing Township was $335,000 in October 2024, up 5.3% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $204K | $260K | +27.5% |
| 3 Bedrooms | $345K | $326.2K | -5.4% |
| 4 Bedrooms | $449K | $420K | -6.5% |
| 5+ Bedrooms | $300K | $600K | +100.0% |
Summary: Towamensing Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.5%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 100%.
Median Sold Price Compared To Nearby Cities
| Towamensing Township | $318K | $335K | +5.3% |
| Lower Towamensing Township | $240K | $251K | +4.6% |
| Polk Township | $310K | $302K | -2.6% |
| Kunkletown | $294.9K | $287K | -2.7% |
Housing Supply in Towamensing Township, PA
How many homes are available in Towamensing Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 17 | +30.8% |
Summary: The Towamensing Township real estate market had 17 homes for sale in October 2024, a 30.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Towamensing Township housing inventory by bedroom type for October 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 60%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Towamensing Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Towamensing Township in October 2024, up by 166.7% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Towamensing Township, PA
How long does it take to sell a home in Towamensing Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 95 Days | 22 Days | -76.1% |
Summary: Homes in Towamensing Township had an average of 22 days on market in Oct 2024, down by 76.1% compared to last year.
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
Key Takeaway
Many homes in Towamensing Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Towamensing Township; 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.
