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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buckingham Township is a buyer's market

Buyer's
Market

Difference Since January 2022

At the same time last year, Buckingham Township was a Neutral Market.

Key Takeaway

Buckingham Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Buckingham Township, PA cost?

Median Sold Price

$720,000

$233/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$89,487(+14.2%)

Key Takeaway

Homes in Buckingham Township have sold for 14.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $419.5K-
N/A
2 $270K$272.5K
+0.9%
3 $460K$516K
+12.2%
4 $700K$829K
+18.4%
5+ $875K$1.0M
+17.1%

Median Sold Price Compared To Nearby Cities

Buckingham Township
+14.2%
Furlong
-6.5%

How many homes are available in Buckingham Township, PA?

Number of Homes For Sale

Dec 2022Jan 2023%
5848-17.2%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 11
0.0%
3 1918
-5.3%
4 2723
-14.8%
5+ 116
-45.5%

Number of Homes Sold

Dec 2022Jan 2023%
193-84.2%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buckingham Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
43 Days38 Days-12.2%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Buckingham 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 Buckingham Township, PA

Homes for sale in Buckingham Township, PA have reached 48. The inventory of homes for sale in Buckingham Township, PA between December 2022 and January 2023 decreased by 17.2%. In January 2023 median list price was $720,000 and the average listing age was 38 days. From December 2022 through January 2023, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices increased by 0.9%, 3 bedrooms properties became 12.2% more expensive, 4 bedrooms properties became 18.4% more expensive, prices of 5 bedrooms properties went up by 17.1%. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes have not changed, volume of 3 bedrooms homes went down by 5.3%, volume of 4 bedrooms homes went down by 14.8%, 5 bedrooms homes became 45.5% less available. In January 2023, from all listings sold in Buckingham Township, PA there were more than 0 sold above asking price, over 2 sold below and more than 1 were sold right at the asked price.

Related Housing Market Reports