Is Amity Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Amity Township was a Seller's Market.
Key Takeaway
Amity 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 Amity Township, PA
How much do homes in Amity Township, PA cost?
Median Sold Price
$430,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Amity Township have sold for 10% more than they did a year ago.
Summary: The median home sold price in Amity Township was $430,000 in May 2024, up 10% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $188K | $220.7K | +17.4% |
| 3 Bedrooms | $340K | $340K | 0.0% |
| 4 Bedrooms | $460K | $464K | +0.9% |
| 5+ Bedrooms | $565K | $475K | -15.9% |
Summary: Amity Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 15.9%.
Median Sold Price Compared To Nearby Cities
| Amity Township | $391K | $430K | +10.0% |
| Union Township | $355K | $374.2K | +5.4% |
| Douglassville | $416.5K | $425.4K | +2.1% |
| Douglass Township | $290K | $284.9K | -1.8% |
Housing Supply in Amity Township, PA
How many homes are available in Amity Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 25 | 29 | +16.0% |
Summary: The Amity Township real estate market had 29 homes for sale in May 2024, a 16.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 20 | 20 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Amity Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Amity Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Amity Township in May 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Amity Township, PA
How long does it take to sell a home in Amity Township, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 11 Days | 17 Days | +47.0% |
Summary: Homes in Amity Township had an average of 17 days on market in May 2024, up by 47% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Amity Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Amity Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
