Is Upper Mount Bethel 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, Upper Mount Bethel Township was a Seller's Market.
Key Takeaway
Upper Mount Bethel 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 Upper Mount Bethel Township, PA
How much do homes in Upper Mount Bethel Township, PA cost?
Median Sold Price
$355,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Upper Mount Bethel Township have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in Upper Mount Bethel Township was $355,000 in May 2024, up 2.2% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $243.5K | $252.5K | +3.7% |
| 3 Bedrooms | $330K | $357K | +8.2% |
| 4 Bedrooms | $388.7K | $404.5K | +4.1% |
| 5+ Bedrooms | $607.5K | $470K | -22.6% |
Summary: Upper Mount Bethel 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 3.7%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 22.6%.
Housing Supply in Upper Mount Bethel Township, PA
How many homes are available in Upper Mount Bethel Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 15 | 12 | -20.0% |
Summary: The Upper Mount Bethel Township real estate market had 12 homes for sale in May 2024, a 20.0% 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 | 1 | 0.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Upper Mount Bethel 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 16.7%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Upper Mount Bethel 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 Upper Mount Bethel Township in May 2024, down by 66.7% 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 Upper Mount Bethel Township, PA
How long does it take to sell a home in Upper Mount Bethel Township, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 27 Days | 3 Days | -87.4% |
Summary: Homes in Upper Mount Bethel Township had an average of 3 days on market in May 2024, down by 87.4% 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
Key Takeaway
Many homes in Upper Mount Bethel Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Upper Mount Bethel 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.
