$2,672 Closing Credit*
$225,000
1,248 SqFt
4 Beds
•1 Full Bath
Listing Office: RE/MAX Real Estate
Is Upper Milford 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, Upper Milford Township was a Seller's Market.
Key Takeaway
Upper Milford Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Upper Milford Township, PA
How much do homes in Upper Milford Township, PA cost?
Median Sold Price
$425,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,000(+4.4%)
Key Takeaway
Homes in Upper Milford Township have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Upper Milford Township was $425,000 in October 2024, up 4.4% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $210K | N/A |
| 2 Bedrooms | $419.9K | $439.7K | +4.7% |
| 3 Bedrooms | $380K | $385K | +1.3% |
| 4 Bedrooms | $499K | $590K | +18.2% |
| 5+ Bedrooms | $460K | $902.7K | +96.3% |
Summary: Upper Milford 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 4.7%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 96.3%.
Median Sold Price Compared To Nearby Cities
| Emmaus | $355K | $377.4K | +6.3% |
| Lower Macungie Township | $396.2K | $420.6K | +6.2% |
| Upper Milford Township | $407K | $425K | +4.4% |
| Macungie | $396.5K | $413K | +4.1% |
| Zionsville | $499K | $425K | -14.8% |
Housing Supply in Upper Milford Township, PA
How many homes are available in Upper Milford Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 | 56 | +14.3% |
Summary: The Upper Milford Township real estate market had 56 homes for sale in October 2024, a 14.3% 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 | 8 | 8 | 0.0% |
| 3 Bedrooms | 16 | 21 | +31.3% |
| 4 Bedrooms | 21 | 23 | +9.5% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Upper Milford 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 31.3%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Upper Milford Township, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Upper Milford Township in October 2024, down by 44.4% month-over-month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% were sold over asking.
Days on Market for Upper Milford Township, PA
How long does it take to sell a home in Upper Milford Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 7 Days | -66.4% |
Summary: Homes in Upper Milford Township had an average of 7 days on market in Oct 2024, down by 66.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Upper Milford Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Upper Milford 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.
