Is Amity Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Amity Township is a neutral's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Amity Township was a Seller's Market.

Key Takeaway

Amity 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 Amity Township, PA

How much do homes in Amity Township, PA cost?

Median Sold Price

$425,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$43,500(+11.4%)

Key Takeaway

Homes in Amity Township have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in Amity Township was $425,000 in February 2024, up 11.4% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $127.5K$213.2K
+67.3%
3 $321.7K$340K
+5.7%
4 $435K$455K
+4.6%
5+ $525.2K$475K
-9.6%

Summary: Amity Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 67.3%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 9.6%.

Median Sold Price Compared To Nearby Cities

Amity Township
+11.4%
Douglassville
+11.4%
Douglass Township
+4.5%

Housing Supply in Amity Township, PA

How many homes are available in Amity Township, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2226+18.2%

Summary: The Amity Township real estate market had 26 homes for sale in February 2024, a 18.2% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 86
-25.0%
4 1116
+45.5%
5+ 11
0.0%

Summary: The Amity Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
440.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Amity Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Amity Township in February 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Amity Township, PA

How long does it take to sell a home in Amity Township, PA?

Average Sale Time

Feb 2023Feb 2024CHANGE
21 Days21 Days-0.7%

Summary: Homes in Amity Township had an average of 21 days on market in Feb 2024, down by 0.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Amity Township are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 4 homes were sold in Amity Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Amity Township, PA

Nearby Markets to Amity Township, PA

What housing markets are near Amity Township, PA?