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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bethel Township is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Bethel Township, PA

How much do homes in Bethel Township, PA cost?

Median Sold Price

$555,000

$235/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$29,500(+5.6%)

Key Takeaway

Homes in Bethel Township have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Bethel Township was $555,000 in September 2024, up 5.6% from last year, and the median price per square foot was $235.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $249.9K-
N/A
2 $397.5K$375.7K
-5.5%
3 $469K$521K
+11.1%
4 $650K$737K
+13.4%
5+ $885.5K$1.0M
+23.7%

Summary: Bethel Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 23.7%.

Median Sold Price Compared To Nearby Cities

Concord Township
+14.5%
Garnet Valley
+11.2%
Upper Chichester Township
+11.1%
Bethel Township
+5.6%
Brandywine
+5.0%

Housing Supply in Bethel Township, PA

How many homes are available in Bethel Township, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3025-16.7%

Summary: The Bethel Township real estate market had 25 homes for sale in September 2024, a 16.7% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 88
0.0%
4 107
-30.0%
5+ 76
-14.3%

Summary: The Bethel Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
910+11.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bethel Township, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Bethel Township in September 2024, up by 11.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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

Sep 2023Sep 2024CHANGE
28 Days21 Days-25.7%

Summary: Homes in Bethel Township had an average of 21 days on market in Sep 2024, down by 25.7% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 10 homes were sold in Bethel Township; 70% of homes were sold within 30 days, 30% 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 30 Days Ago

Newest Listings in Bethel Township, PA

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