Is Harleysville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Harleysville has remained a Seller's Market.
Key Takeaway
Harleysville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Harleysville, PA
How much do homes in Harleysville, PA cost?
Median Sold Price
$475,000
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Harleysville have sold for 2.1% less than they did a year ago.
Summary: The median home sold price in Harleysville was $475,000 in May 2024, down 2.1% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $220K | N/A |
| 2 Bedrooms | $272.5K | $281K | +3.1% |
| 3 Bedrooms | $380K | $428K | +12.6% |
| 4 Bedrooms | $642.5K | $598.5K | -6.8% |
| 5+ Bedrooms | $780K | $722.5K | -7.4% |
Summary: Harleysville 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 3.1%, 3 bedroom homes increased by 12.6%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes decreased by 7.4%.
Median Sold Price Compared To Nearby Cities
| Franconia Township | $432.5K | $495K | +14.5% |
| Lower Frederick Township | $325K | $348.5K | +7.2% |
| Harleysville | $485K | $475K | -2.1% |
| Lower Salford Township | $542.4K | $520K | -4.1% |
Housing Supply in Harleysville, PA
How many homes are available in Harleysville, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 62 | 84 | +35.5% |
Summary: The Harleysville real estate market had 84 homes for sale in May 2024, a 35.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 35 | 43 | +22.9% |
| 4 Bedrooms | 18 | 27 | +50.0% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Harleysville 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 40%, 3 bedroom homes increased by 22.9%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 18 | +80.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Harleysville, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Harleysville in May 2024, up by 80.0% month-over-month. Of the 18 sold homes, 22% were sold under asking, 33% were sold at asking, and 44% were sold over asking.
Days on Market for Harleysville, PA
How long does it take to sell a home in Harleysville, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 13 Days | 17 Days | +27.9% |
Summary: Homes in Harleysville had an average of 17 days on market in May 2024, up by 27.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Harleysville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 18 homes were sold in Harleysville; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
