Is Birmingham Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Birmingham Township was a Seller's Market.
Housing Prices in Birmingham Township, PA
How much do homes in Birmingham Township, PA cost?
Median Sold Price
$820,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Birmingham Township was $820,000 in March 2024, up 2.5% 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 | - | - | N/A |
2 Bedrooms | $600K | $550K | -8.3% |
3 Bedrooms | $525K | $571.5K | +8.9% |
4 Bedrooms | $840K | $870K | +3.6% |
5+ Bedrooms | $825K | $1.5M | +90.9% |
Summary: Birmingham 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 8.3%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 90.9%.
Median Sold Price Compared To Nearby Cities
Chadds Ford Township | $465K | $625K | +34.4% |
Chadds Ford | $575K | $642.5K | +11.7% |
Pennsbury Township | $708K | $750K | +5.9% |
Birmingham Township | $800K | $820K | +2.5% |
Housing Supply in Birmingham Township, PA
How many homes are available in Birmingham Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 16 | +14.3% |
Summary: The Birmingham Township real estate market had 16 homes for sale in March 2024, a 14.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 1 | -50.0% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Birmingham Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Birmingham Township in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Birmingham Township, PA
How long does it take to sell a home in Birmingham Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
126 Days | 50 Days | -60.4% |
Summary: Homes in Birmingham Township had an average of 50 days on market in Mar 2024, down by 60.4% 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
Summary: During March 2024, 2 homes were sold in Birmingham 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.