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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Upper Saucon Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Upper Saucon Township, PA

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

Median Sold Price

$488,000

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$3,000(+0.6%)

Key Takeaway

Homes in Upper Saucon Township have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in Upper Saucon Township was $488,000 in November 2024, up 0.6% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $377.4K$445K
+17.9%
3 $405K$395K
-2.5%
4 $681K$670K
-1.6%
5+ $832.4K$882.9K
+6.1%

Summary: Upper Saucon 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 increased by 17.9%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 6.1%.

Median Sold Price Compared To Nearby Cities

Coopersburg
+4.9%
Salisbury Township
+4.5%
Springfield Township
+4.4%
Center Valley
+1.1%
Upper Saucon Township
+0.6%

Housing Supply in Upper Saucon Township, PA

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8770-19.5%

Summary: The Upper Saucon Township real estate market had 70 homes for sale in November 2024, a 19.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 4031
-22.5%
4 3029
-3.3%
5+ 127
-41.7%

Summary: The Upper Saucon 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 40%, 3 bedroom homes decreased by 22.5%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 41.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2224+9.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Upper Saucon Township, you could pay more than the asking price. 54.2% of homes here sold above asking price last month.

Summary: A total of 24 homes were sold or pending in Upper Saucon Township in November 2024, up by 9.1% month-over-month. Of the 24 sold homes, 25% were sold under asking, 21% were sold at asking, and 54% were sold over asking.

Days on Market for Upper Saucon Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
10 Days31 Days+205.0%

Summary: Homes in Upper Saucon Township had an average of 31 days on market in Nov 2024, up by 205% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 24 homes were sold in Upper Saucon Township; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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 21 Days Ago

Newest Listings in Upper Saucon Township, PA

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What housing markets are near Upper Saucon Township, PA?