Is Bethel Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Bethel Township has remained a Seller's Market.
Housing Prices in Bethel Township, PA
How much do homes in Bethel Township, PA cost?
Median Sold Price
$525,500
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bethel Township was $525,500 in March 2024, down 9.4% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $249.9K | N/A |
2 Bedrooms | $391.4K | $390K | -0.4% |
3 Bedrooms | $495K | $498K | +0.6% |
4 Bedrooms | $685K | $688K | 0.4% |
5+ Bedrooms | $947.5K | $701.8K | -25.9% |
Summary: Bethel Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.4%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes decreased by 25.9%.
Median Sold Price Compared To Nearby Cities
Upper Chichester Township | $310K | $340.5K | +9.8% |
Brandywine | $385K | $406.2K | +5.5% |
Concord Township | $611K | $638.5K | +4.5% |
Garnet Valley | $600K | $575K | -4.2% |
Bethel Township | $580K | $525.5K | -9.4% |
Housing Supply in Bethel Township, PA
How many homes are available in Bethel Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 37 | +15.6% |
Summary: The Bethel Township real estate market had 37 homes for sale in March 2024, a 15.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 10 | 9 | -10.0% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 11 | 14 | +27.3% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Bethel Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 8 | +166.7% |
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 Bethel Township in March 2024, up by 166.7% 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 Bethel Township, PA
How long does it take to sell a home in Bethel Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
30 Days | 26 Days | -12.1% |
Summary: Homes in Bethel Township had an average of 26 days on market in Mar 2024, down by 12.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Bethel Township; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.