Is Lower Oxford Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Lower Oxford Township was a Seller's Market.
Key Takeaway
Lower Oxford Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lower Oxford Township, PA
How much do homes in Lower Oxford Township, PA cost?
Median Sold Price
$480,000
$145/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Lower Oxford Township have sold for 9.5% less than they did a month ago.
Summary: The median home sold price in Lower Oxford Township was $480,000 in May 2024, down 9.5% from last month, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $440.8K | - | N/A |
| 4 Bedrooms | $580K | $480K | -17.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Lower Oxford Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 17.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Kirkwood | $605.5K | $654.5K | +8.1% |
| Lower Oxford Township | $530.4K | $480K | -9.5% |
Housing Supply in Lower Oxford Township, PA
How many homes are available in Lower Oxford Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The Lower Oxford Township real estate market had 12 homes for sale in May 2024, a 7.7% 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 | 9 | 10 | +11.1% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lower Oxford 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 11.1%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lower Oxford Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Lower Oxford Township in May 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lower Oxford Township, PA
How long does it take to sell a home in Lower Oxford Township, PA?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 56 Days | 87 Days | +53.3% |
Summary: Homes in Lower Oxford Township had an average of 87 days on market in May 2024, up by 53.3% compared to last month.
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 Lower Oxford Township has remained consistent over time.
Summary: During May 2024, 1 homes were sold in Lower Oxford 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.
