Is Bedminster Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Bedminster Township was a Seller's Market.
Key Takeaway
Bedminster Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bedminster Township, PA
How much do homes in Bedminster Township, PA cost?
Median Sold Price
$579,900
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Bedminster Township have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Bedminster Township was $579,900 in April 2024, up 7.4% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $235K | $260K | +10.6% |
| 3 Bedrooms | $387K | $434.5K | +12.3% |
| 4 Bedrooms | $647.4K | $670K | +3.5% |
| 5+ Bedrooms | $850K | $817.5K | -3.8% |
Summary: Bedminster 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 10.6%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 3.8%.
Median Sold Price Compared To Nearby Cities
| Bedminster Township | $540K | $579.9K | +7.4% |
| Pipersville | $702.5K | $536.7K | -23.6% |
| Ottsville | $825K | $580K | -29.7% |
Housing Supply in Bedminster Township, PA
How many homes are available in Bedminster Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Summary: The Bedminster Township real estate market had 17 homes for sale in April 2024, a 6.3% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Bedminster 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 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bedminster Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Bedminster Township in April 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Bedminster Township, PA
How long does it take to sell a home in Bedminster Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 39 Days | 193 Days | +391.9% |
Summary: Homes in Bedminster Township had an average of 193 days on market in Apr 2024, up by 391.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Bedminster Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Bedminster Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
