Is Bushkill, 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, Bushkill has remained a Seller's Market.
Key Takeaway
Bushkill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bushkill, PA
How much do homes in Bushkill, PA cost?
Median Sold Price
$260,000
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bushkill have sold for 15.6% more than they did a year ago.
Summary: The median home sold price in Bushkill was $260,000 in May 2024, up 15.6% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $156.5K | N/A |
| 2 Bedrooms | $115K | $225K | +95.7% |
| 3 Bedrooms | $224.9K | $232K | +3.2% |
| 4 Bedrooms | $267.5K | $317.3K | +18.6% |
| 5+ Bedrooms | - | $270K | N/A |
Summary: Bushkill 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 95.7%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Middle Smithfield Township | $249.4K | $310K | +24.3% |
| Lehman Township | $225K | $264.5K | +17.6% |
| Bushkill | $224.9K | $260K | +15.6% |
Housing Supply in Bushkill, PA
How many homes are available in Bushkill, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 30 | 24 | -20.0% |
Summary: The Bushkill real estate market had 24 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 18 | 15 | -16.7% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Bushkill 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 decreased by 16.7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bushkill, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Bushkill in May 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Bushkill, PA
How long does it take to sell a home in Bushkill, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 49 Days | 60 Days | +23.2% |
Summary: Homes in Bushkill had an average of 60 days on market in May 2024, up by 23.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bushkill are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 6 homes were sold in Bushkill; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
