Is Upper Providence 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, Upper Providence Township has remained a Seller's Market.
Housing Prices in Upper Providence Township, PA
How much do homes in Upper Providence Township, PA cost?
Median Sold Price
$625,000
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Upper Providence Township was $625,000 in April 2024, down 12.2% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $287.5K | $395K | +37.4% |
3 Bedrooms | $500K | $475K | -5.0% |
4 Bedrooms | $822.5K | $655K | -20.4% |
5+ Bedrooms | $1.0M | $970K | -10.2% |
Summary: Upper Providence Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 37.4%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 20.4%, and 5+ bedroom homes decreased by 10.2%.
Median Sold Price Compared To Nearby Cities
Nether Providence Township | $380K | $450K | +18.4% |
Marple Township | $459K | $525K | +14.4% |
Media | $592.4K | $580.4K | -2.0% |
Middletown Township | $385.2K | $349.6K | -9.2% |
Upper Providence Township | $712K | $625K | -12.2% |
Housing Supply in Upper Providence Township, PA
How many homes are available in Upper Providence Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 29 | +45.0% |
Summary: The Upper Providence Township real estate market had 29 homes for sale in April 2024, a 45.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 11 | 13 | +18.2% |
5+ Bedrooms | 5 | 11 | +120.0% |
Summary: The Upper Providence 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 120%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Upper Providence Township in April 2024, up by 60.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for Upper Providence Township, PA
How long does it take to sell a home in Upper Providence Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
5 Days | 22 Days | +345.1% |
Summary: Homes in Upper Providence Township had an average of 22 days on market in Apr 2024, up by 345.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Upper Providence Township; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.