$3,206 Closing Credit*
$270,000
966 SqFt
2 Beds
•1 Full Bath, 1 Partial
Gregory S Parker, Listing Office: Keller Williams Real Estate-Blue Bell
Is Upper Gwynedd Township, 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, Upper Gwynedd Township has remained a Seller's Market.
Key Takeaway
Upper Gwynedd Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Upper Gwynedd Township, PA
How much do homes in Upper Gwynedd Township, PA cost?
Median Sold Price
$510,000
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+5.2%)
Key Takeaway
Homes in Upper Gwynedd Township have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Upper Gwynedd Township was $510,000 in November 2024, up 5.2% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $186K | $221.5K | +19.1% |
| 2 Bedrooms | $383.7K | $375K | -2.3% |
| 3 Bedrooms | $407.2K | $477.5K | +17.3% |
| 4 Bedrooms | $650K | $675K | +3.8% |
| 5+ Bedrooms | $630K | $745K | +18.3% |
Summary: Upper Gwynedd Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.1%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 17.3%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 18.3%.
Median Sold Price Compared To Nearby Cities
| Lansdale | $410.1K | $440.2K | +7.3% |
| Montgomery Township | $482.5K | $515K | +6.7% |
| Upper Gwynedd Township | $485K | $510K | +5.2% |
| North Wales | $460.5K | $470K | +2.1% |
| Towamencin Township | $430K | $428.4K | -0.4% |
Housing Supply in Upper Gwynedd Township, PA
How many homes are available in Upper Gwynedd Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 40 | -9.1% |
Summary: The Upper Gwynedd Township real estate market had 40 homes for sale in November 2024, a 9.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 5 | -50.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 20 | 22 | +10.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Upper Gwynedd 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 decreased by 50%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 15 | +50.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Upper Gwynedd Township, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Upper Gwynedd Township in November 2024, up by 50.0% month-over-month. Of the 15 sold homes, 47% were sold under asking, 27% were sold at asking, and 27% were sold over asking.
Days on Market for Upper Gwynedd Township, PA
How long does it take to sell a home in Upper Gwynedd Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 26 Days | +146.2% |
Summary: Homes in Upper Gwynedd Township had an average of 26 days on market in Nov 2024, up by 146.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Upper Gwynedd Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in Upper Gwynedd Township; 67% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
