Is Sadsbury 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, Sadsbury Township was a Seller's Market.
Key Takeaway
Sadsbury 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 Sadsbury Township, PA
How much do homes in Sadsbury Township, PA cost?
Median Sold Price
$357,450
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Sadsbury Township have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in Sadsbury Township was $357,450 in May 2024, up 12.5% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $268K | $285K | +6.3% |
| 3 Bedrooms | $300K | $327K | +9.0% |
| 4 Bedrooms | $471.2K | $450K | -4.5% |
| 5+ Bedrooms | $355K | $460K | +29.6% |
Summary: Sadsbury 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 6.3%, 3 bedroom homes increased by 9%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 29.6%.
Median Sold Price Compared To Nearby Cities
| West Sadsbury Township | $382.5K | $461.5K | +20.7% |
| Sadsbury Township | $317.7K | $357.4K | +12.5% |
| Christiana | $260K | $276K | +6.2% |
Housing Supply in Sadsbury Township, PA
How many homes are available in Sadsbury Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Summary: The Sadsbury Township real estate market had 7 homes for sale in May 2024, a 75.0% 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 | 0 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Sadsbury 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sadsbury Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Sadsbury Township in May 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Sadsbury Township, PA
How long does it take to sell a home in Sadsbury Township, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 4 Days | 32 Days | +700.0% |
Summary: Homes in Sadsbury Township had an average of 32 days on market in May 2024, up by 700% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sadsbury Township has remained consistent over time.
Summary: During May 2024, 1 homes were sold in Sadsbury Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
