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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Uwchlan Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Uwchlan Township, PA

How much do homes in Uwchlan Township, PA cost?

Median Sold Price

$584,950

$244/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$47,550(+8.8%)

Key Takeaway

Homes in Uwchlan Township have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in Uwchlan Township was $584,950 in November 2024, up 8.8% from last year, and the median price per square foot was $244.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $325K$355K
+9.2%
3 $395K$445K
+12.7%
4 $627K$700K
+11.6%
5+ $630K$820K
+30.2%

Summary: Uwchlan 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 9.2%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 30.2%.

Median Sold Price Compared To Nearby Cities

Uwchlan Township
+8.8%
Exton
+4.5%
Upper Uwchlan Township
+3.1%
East Brandywine Township
+1.3%

Housing Supply in Uwchlan Township, PA

How many homes are available in Uwchlan Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4126-36.6%

Summary: The Uwchlan Township real estate market had 26 homes for sale in November 2024, a 36.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 23
+50.0%
3 169
-43.8%
4 1911
-42.1%
5+ 42
-50.0%

Summary: The Uwchlan Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 43.8%, 4 bedroom homes decreased by 42.1%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1714-17.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Uwchlan Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in Uwchlan Township in November 2024, down by 17.6% month-over-month. Of the 14 sold homes, 29% were sold under asking, 21% were sold at asking, and 50% were sold over asking.

Days on Market for Uwchlan Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
12 Days11 Days-4.0%

Summary: Homes in Uwchlan Township had an average of 11 days on market in Nov 2024, down by 4% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 14 homes were sold in Uwchlan 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 17 Days Ago

Newest Listings in Uwchlan Township, PA

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