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 March 2023

At the same time last year, Bethel Township was a Buyer'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

$295,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$20,000(+7.3%)

Key Takeaway

Homes in Bethel Township have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Bethel Township was $295,000 in March 2024, up 7.3% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$179.9K
N/A
2 $195.5K$270.5K
+38.3%
3 $225K$282.5K
+25.6%
4 $305K$358.5K
+17.5%
5+ $285.1K$350K
+22.8%

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 increased by 38.3%, 3 bedroom homes increased by 25.6%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 22.8%.

Median Sold Price Compared To Nearby Cities

Fredericksburg
+10.9%
Bethel Township
+7.3%
Pine Grove Township
0.2%

Housing Supply in Bethel Township, PA

How many homes are available in Bethel Township, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1716-5.9%

Summary: The Bethel Township real estate market had 16 homes for sale in March 2024, a 5.9% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 55
0.0%
3 65
-16.7%
4 65
-16.7%
5+ 00
0.0%

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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 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 Bethel 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 Bethel Township in March 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 Bethel Township, PA

How long does it take to sell a home in Bethel Township, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
59 Days8 Days-85.2%

Summary: Homes in Bethel Township had an average of 8 days on market in Mar 2024, down by 85.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 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 March 2024, 4 homes were sold in Bethel Township; 100% of homes were sold within 30 days, 0% 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 18 Days Ago

Newest Listings in Bethel Township, PA

Nearby Markets to Bethel Township, PA