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 3 Days Ago

Newest Listings in Amity Township, PA

Nearby Markets to Amity Township, PA

What housing markets are near Amity Township, PA?