$7,005 Closing Credit*
$589,900
2,328 SqFt
3 Beds
•2 Full Baths, 1 Partial
Maureen Greim, Listing Office: Long & Foster Real Estate, Inc.
Is 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, 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
$588,500
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$58,500(+11.0%)
Key Takeaway
Homes in Uwchlan Township have sold for 11% more than they did a year ago.
Summary: The median home sold price in Uwchlan Township was $588,500 in October 2024, up 11% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $325K | $355K | +9.2% |
| 3 Bedrooms | $391K | $440K | +12.5% |
| 4 Bedrooms | $629K | $690K | +9.7% |
| 5+ Bedrooms | $675K | $725K | +7.4% |
Summary: 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 9.2%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Cities
| East Caln Township | $420K | $492K | +17.1% |
| 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 Uwchlan Township, PA
How many homes are available in Uwchlan Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 42 | +10.5% |
Summary: The Uwchlan Township real estate market had 42 homes for sale in October 2024, a 10.5% increase 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 16 | 19 | +18.8% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Uwchlan Township, you could pay more than the asking price. 43.8% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Uwchlan Township in October 2024, up by 33.3% month-over-month. Of the 16 sold homes, 31% were sold under asking, 25% were sold at asking, and 44% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 6 Days | 13 Days | +97.8% |
Summary: Homes in Uwchlan Township had an average of 13 days on market in Oct 2024, up by 97.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Uwchlan Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in Uwchlan Township; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
