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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Upper Pottsgrove Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Upper Pottsgrove Township has remained a Seller's Market.

Key Takeaway

Upper Pottsgrove Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Upper Pottsgrove Township, PA

How much do homes in Upper Pottsgrove Township, PA cost?

Median Sold Price

$402,320

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$27,330(+7.3%)

Key Takeaway

Homes in Upper Pottsgrove Township have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Upper Pottsgrove Township was $402,320 in October 2024, up 7.3% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $275K$220K
-20.0%
3 $347.5K$360K
+3.6%
4 $425.2K$442K
+3.9%
5+ -$532K
N/A

Summary: Upper Pottsgrove 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 decreased by 20%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pottstown
+11.4%
Upper Pottsgrove Township
+7.3%
Lower Pottsgrove Township
+7.1%
Pottstown
+6.8%
Gilbertsville
-1.2%

Housing Supply in Upper Pottsgrove Township, PA

How many homes are available in Upper Pottsgrove Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5032-36.0%

Summary: The Upper Pottsgrove Township real estate market had 32 homes for sale in October 2024, a 36.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2016
-20.0%
4 2714
-48.1%
5+ 21
-50.0%

Summary: The Upper Pottsgrove 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 decreased by 20%, 4 bedroom homes decreased by 48.1%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
197-63.2%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Upper Pottsgrove Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Upper Pottsgrove Township in October 2024, down by 63.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.

Days on Market for Upper Pottsgrove Township, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days17 Days-25.3%

Summary: Homes in Upper Pottsgrove Township had an average of 17 days on market in Oct 2024, down by 25.3% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 7 homes were sold in Upper Pottsgrove Township; 86% of homes were sold within 30 days, 14% 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 20 Days Ago

Newest Listings in Upper Pottsgrove Township, PA

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