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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bedminster Township is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, Bedminster Township has remained a Seller's Market.

Key Takeaway

Bedminster Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Bedminster Township, PA cost?

Median Sold Price

$500,000

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$73,850(+17.3%)

Key Takeaway

Homes in Bedminster Township have sold for 17.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $159K-
N/A
2 $266.5K$320K
+20.1%
3 $325K$384.5K
+18.3%
4 $530K$639.9K
+20.7%
5+ $499.4K$942.5K
+88.7%

Median Sold Price Compared To Nearby Cities

Dublin
+29.7%
Pipersville
+29.1%
Bedminster Township
+17.3%
Ottsville
+3.2%
Fountainville
0.0%

How many homes are available in Bedminster Township, PA?

Number of Homes For Sale

Jul 2022Aug 2022%
2534+36.0%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 32
-33.3%
3 68
+33.3%
4 1320
+53.8%
5+ 34
+33.3%

Number of Homes Sold

Jul 2022Aug 2022%
013+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bedminster Township, expect to pay close to the asking price. 46.2% of homes here sold near the asking price last month.

Average Sale Time

Aug 2021Aug 2022%
10 Days15 Days+46.4%

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Bedminster Township, PA

Homes for sale in Bedminster Township, PA have reached 34. In August 2022 in Bedminster Township, PA there were 36% more homes for sale than in July 2022. The median list price of listings available in August 2022 was $500,000, while the average time on the real estate market was 15 days. Listing prices have changed in this real estate market between July 2022 and August 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 20.1%, prices of 3 bedrooms properties increased by 18.3%, prices of 4 bedrooms properties went up by 20.7%, prices of 5 bedrooms properties increased by 88.7%. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes went down by 33.3%, number of 3 bedrooms homes increased by 33.3%, volume of 4 bedrooms homes went up by 53.8%, 5 bedrooms homes became 33.3% more available. While more than 4 listings in Bedminster Township, PA in August 2022 were sold above asking price, there were more than 6 listings sold at asking price, and more than 3 were sold below.

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