Is Doylestown Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Doylestown Township has remained a Seller's Market.
Housing Prices in Doylestown Township, PA
How much do homes in Doylestown Township, PA cost?
Median Sold Price
$643,333
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Doylestown Township was $643,333 in April 2024, up 3.8% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $244K | $269K | +10.2% |
2 Bedrooms | $322.7K | $353K | +9.4% |
3 Bedrooms | $477.7K | $522.5K | +9.4% |
4 Bedrooms | $752K | $770K | +2.4% |
5+ Bedrooms | $880K | $911K | +3.5% |
Summary: Doylestown Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.2%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 3.5%.
Median Sold Price Compared To Nearby Cities
Warrington Township | $510K | $560K | +9.8% |
New Britain | $448.5K | $467.5K | +4.2% |
Doylestown Township | $620K | $643.3K | +3.8% |
Doylestown | $615.9K | $636.6K | +3.4% |
New Britain Township | $500K | $505K | +1.0% |
Housing Supply in Doylestown Township, PA
How many homes are available in Doylestown Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
166 | 170 | +2.4% |
Summary: The Doylestown Township real estate market had 170 homes for sale in April 2024, a 2.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 20 | 18 | -10.0% |
3 Bedrooms | 78 | 62 | -20.5% |
4 Bedrooms | 48 | 65 | +35.4% |
5+ Bedrooms | 19 | 24 | +26.3% |
Summary: The Doylestown Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 20.5%, 4 bedroom homes increased by 35.4%, and 5+ bedroom homes increased by 26.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 45 | -4.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in Doylestown Township in April 2024, down by 4.3% month-over-month. Of the 45 sold homes, 31% were sold under asking, 16% were sold at asking, and 53% were sold over asking.
Days on Market for Doylestown Township, PA
How long does it take to sell a home in Doylestown Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 17 Days | +17.4% |
Summary: Homes in Doylestown Township had an average of 17 days on market in Apr 2024, up by 17.4% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 45 homes were sold in Doylestown Township; 89% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.