$10,000 Closing Credit*
$875,000
4,260 SqFt
5 Beds
•4 Full Baths
Caleb T Knecht, Listing Office: Keller Williams Elite
Is Upper Uwchlan 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 Uwchlan Township has remained a Seller's Market.
Key Takeaway
Upper Uwchlan Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Upper Uwchlan Township, PA
How much do homes in Upper Uwchlan Township, PA cost?
Median Sold Price
$672,497
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,497(+3.5%)
Key Takeaway
Homes in Upper Uwchlan Township have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Upper Uwchlan Township was $672,497 in October 2024, up 3.5% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $226K | - | N/A |
| 2 Bedrooms | $376K | $435K | +15.7% |
| 3 Bedrooms | $530K | $591K | +11.5% |
| 4 Bedrooms | $750K | $702K | -6.4% |
| 5+ Bedrooms | $815K | $829K | +1.7% |
Summary: Upper Uwchlan 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 15.7%, 3 bedroom homes increased by 11.5%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes increased by 1.7%.
Median Sold Price Compared To Nearby Cities
| Glenmoore | $581K | $675K | +16.2% |
| Uwchlan Township | $530K | $588.5K | +11.0% |
| Exton | $525K | $581K | +10.7% |
| Upper Uwchlan Township | $650K | $672.4K | +3.5% |
| East Brandywine Township | $556.4K | $562.5K | +1.1% |
Housing Supply in Upper Uwchlan Township, PA
How many homes are available in Upper Uwchlan Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 31 | -18.4% |
Summary: The Upper Uwchlan Township real estate market had 31 homes for sale in October 2024, a 18.4% decrease 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 17 | 14 | -17.6% |
| 4 Bedrooms | 16 | 14 | -12.5% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Upper Uwchlan 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 decreased by 100%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Upper Uwchlan Township, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Upper Uwchlan Township in October 2024, up by 22.2% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.
Days on Market for Upper Uwchlan Township, PA
How long does it take to sell a home in Upper Uwchlan Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 170 Days | +462.1% |
Summary: Homes in Upper Uwchlan Township had an average of 170 days on market in Oct 2024, up by 462.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Upper Uwchlan Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in Upper Uwchlan Township; 64% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
