$5,759 Closing Credit*
$485,000
1,827 SqFt
5 Beds
•2 Full Baths
William Kelly, Listing Office: Keller Williams Real Estate-Horsham
Is Upper Salford Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Upper Salford Township was a Seller's Market.
Key Takeaway
Upper Salford Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Upper Salford Township, PA
How much do homes in Upper Salford Township, PA cost?
Median Sold Price
$551,880
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$55,120(-9.1%)
Key Takeaway
Homes in Upper Salford Township have sold for 9.1% less than they did a year ago.
Summary: The median home sold price in Upper Salford Township was $551,880 in November 2024, down 9.1% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $418.6K | $457K | +9.2% |
| 4 Bedrooms | $727K | $660K | -9.2% |
| 5+ Bedrooms | - | $1.0M | N/A |
Summary: Upper Salford Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 9.2%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Marlborough Township | $395K | $522.5K | +32.3% |
| Lower Frederick Township | $336.2K | $362.5K | +7.8% |
| Harleysville | $481.7K | $509.5K | +5.8% |
| Perkiomenville | $407K | $397.5K | -2.3% |
| Upper Salford Township | $607K | $551.8K | -9.1% |
Housing Supply in Upper Salford Township, PA
How many homes are available in Upper Salford Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Summary: The Upper Salford Township real estate market had 6 homes for sale in November 2024, a 40.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 1 | -66.7% |
| 4 Bedrooms | 6 | 3 | -50.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Upper Salford 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 remained the same, 3 bedroom homes decreased by 66.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Upper Salford Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Upper Salford Township in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Upper Salford Township, PA
How long does it take to sell a home in Upper Salford Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 6 Days | 3 Days | -53.8% |
Summary: Homes in Upper Salford Township had an average of 3 days on market in Nov 2024, down by 53.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was 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 Salford Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Upper Salford 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.
