$4,333 Closing Credit*
$364,900
1,488 SqFt
3 Beds
•2 Full Baths
Ginger Childs, Listing Office: RE/MAX Achievers-Collegeville
Is Upper Providence Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Upper Providence Township has remained a Seller's Market.
Key Takeaway
Upper Providence Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Upper Providence Township, PA
How much do homes in Upper Providence Township, PA cost?
Median Sold Price
$510,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,050(+5.2%)
Key Takeaway
Homes in Upper Providence Township have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Upper Providence Township was $510,000 in October 2024, up 5.2% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $164.4K | $179.5K | +9.2% |
| 2 Bedrooms | $220K | $282.5K | +28.4% |
| 3 Bedrooms | $437.5K | $440K | +0.6% |
| 4 Bedrooms | $689.5K | $751.5K | +9.0% |
| 5+ Bedrooms | $925K | $850K | -8.1% |
Summary: Upper Providence Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.2%, 2 bedroom homes increased by 28.4%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 9%, and 5+ bedroom homes decreased by 8.1%.
Median Sold Price Compared To Nearby Cities
| Mont Clare | $188.2K | $230K | +22.2% |
| Phoenixville | $440K | $479.2K | +8.9% |
| Upper Providence Township | $484.9K | $510K | +5.2% |
| Collegeville | $539.9K | $541.5K | 0.3% |
| Trappe | $432.5K | $420K | -2.9% |
Housing Supply in Upper Providence Township, PA
How many homes are available in Upper Providence Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 70 | 67 | -4.3% |
Summary: The Upper Providence Township real estate market had 67 homes for sale in October 2024, a 4.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 33 | 27 | -18.2% |
| 4 Bedrooms | 20 | 18 | -10.0% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Upper Providence Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 22 | +10.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Upper Providence Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Upper Providence Township in October 2024, up by 10.0% month-over-month. Of the 22 sold homes, 50% were sold under asking, 27% were sold at asking, and 23% were sold over asking.
Days on Market for Upper Providence Township, PA
How long does it take to sell a home in Upper Providence Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 20 Days | +91.8% |
Summary: Homes in Upper Providence Township had an average of 20 days on market in Oct 2024, up by 91.8% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Upper Providence Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 22 homes were sold in Upper Providence 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.
