Is Bucks County, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2021
Since last year, Bucks County has remained a Seller's Market.
Key Takeaway
Bucks County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Bucks County, PA cost?
Median Sold Price
$430,613
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2021
+$42,146(+10.8%)
Key Takeaway
Homes in Bucks County have sold for 10.8% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Oct 2021 | Oct 2022 | % |
|---|---|---|---|
| 1 Bedroom | $183.5K | $211K | +15.0% |
| 2 Bedrooms | $275.8K | $298.9K | +8.4% |
| 3 Bedrooms | $350K | $390K | +11.4% |
| 4 Bedrooms | $501K | $549.1K | +9.6% |
| 5+ Bedrooms | $617.4K | $697K | +12.9% |
Median Sold Price Compared To Nearby Counties
| Bucks County | $388.4K | $430.6K | +10.8% |
| Montgomery County | $356.4K | $384.9K | +8.0% |
| Mercer County | $372.8K | $387.6K | +4.0% |
| Hunterdon County | $491K | $503.5K | +2.5% |
| Philadelphia County | $274.9K | $277.7K | +1.0% |
How many homes are available in Bucks County, PA?
Number of Homes For Sale
| Sep 2022 | Oct 2022 | % |
|---|---|---|
| 2,071 | 1,804 | -12.9% |
Homes For Sale By Bedroom Count
| # BEDS | Sep 2022 | Oct 2022 | % |
|---|---|---|---|
| 1 Bedroom | 13 | 10 | -23.1% |
| 2 Bedrooms | 202 | 156 | -22.8% |
| 3 Bedrooms | 837 | 721 | -13.9% |
| 4 Bedrooms | 816 | 709 | -13.1% |
| 5+ Bedrooms | 203 | 208 | +2.5%  |
Number of Homes Sold
| Sep 2022 | Oct 2022 | % |
|---|---|---|
| 601 | 483 | -19.6% |
Asking Price vs. Sold Price
165 Homes Were Sold
Under Asking
108 Homes Were Sold
At Asking
210 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bucks County, you could pay more than the asking price. 43.5% of homes here sold above asking price last month.
Average Sale Time
| Oct 2021 | Oct 2022 | % |
|---|---|---|
| 18 Days | 18 Days | -1.0% |
Breakdown of Home Sale Times
394 Homes Were Sold
Under 30 Days
79 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bucks County are selling fast, if you're buying plan to act quickly.
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