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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Rockhill Township is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, West Rockhill Township has remained a Neutral Market.

Key Takeaway

West Rockhill 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 West Rockhill Township, PA

How much do homes in West Rockhill Township, PA cost?

Median Sold Price

$434,500

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,000(+5.3%)

Key Takeaway

Homes in West Rockhill Township have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in West Rockhill Township was $434,500 in October 2024, up 5.3% from last year, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $400K$437.5K
+9.4%
3 $349.9K$425K
+21.5%
4 $628K$590K
-6.1%
5+ $570K-
N/A

Summary: West Rockhill 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 9.4%, 3 bedroom homes increased by 21.5%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Telford
+11.8%
Telford
+10.8%
Perkasie
+5.7%
West Rockhill Township
+5.3%
Sellersville
-7.7%

Housing Supply in West Rockhill Township, PA

How many homes are available in West Rockhill Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1112+9.1%

Summary: The West Rockhill Township real estate market had 12 homes for sale in October 2024, a 9.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 79
+28.6%
4 32
-33.3%
5+ 11
0.0%

Summary: The West Rockhill 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 remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Rockhill Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in West Rockhill Township in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for West Rockhill Township, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
52 Days4 Days-92.4%

Summary: Homes in West Rockhill Township had an average of 4 days on market in Oct 2024, down by 92.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in West Rockhill 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in West Rockhill Township, PA

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What housing markets are near West Rockhill Township, PA?