Is Bedminster 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, Bedminster Township was a Seller's Market.
Housing Prices in Bedminster Township, PA
How much do homes in Bedminster Township, PA cost?
Median Sold Price
$538,750
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bedminster Township was $538,750 in May 2024, the same as last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $235K | $260K | +10.6% |
3 Bedrooms | $390K | $440.5K | +12.9% |
4 Bedrooms | $649.9K | $609.9K | -6.1% |
5+ Bedrooms | $850K | $817.5K | -3.8% |
Summary: Bedminster 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 10.6%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes decreased by 3.8%.
Median Sold Price Compared To Nearby Cities
Bedminster Township | $538.5K | $538.7K | 0.0% |
Dublin | $479.6K | $460K | -4.1% |
Pipersville | $655.2K | $540K | -17.6% |
Housing Supply in Bedminster Township, PA
How many homes are available in Bedminster Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 12 | -25.0% |
Summary: The Bedminster Township real estate market had 12 homes for sale in May 2024, a 25.0% decrease 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 | 1 | 0 | -100.0% |
3 Bedrooms | 4 | 2 | -50.0% |
4 Bedrooms | 10 | 8 | -20.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Bedminster 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 decreased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Bedminster Township in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Bedminster Township, PA
How long does it take to sell a home in Bedminster Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
24 Days | 3 Days | -87.9% |
Summary: Homes in Bedminster Township had an average of 3 days on market in May 2024, down by 87.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Bedminster 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.