Is Center Valley, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Center Valley is a neutral's market

Buyer's
Market

Difference Since December 2021

At the same time last year, Center Valley was a Seller's Market.

Key Takeaway

Center Valley is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Center Valley, PA cost?

Median Sold Price

$450,000

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$30,437(+7.3%)

Key Takeaway

Homes in Center Valley have sold for 7.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 --
N/A
2 $469K$264K
-43.7%
3 $327.1K$340K
+3.9%
4 $575K$621.7K
+8.1%
5+ $558K$809K
+45.0%

Median Sold Price Compared To Nearby Cities

Upper Saucon Township
+8.9%
Upper Milford Township
+8.9%
Lower Saucon Township
+8.8%
Center Valley
+7.3%
Salisbury Township
+5.4%

How many homes are available in Center Valley, PA?

Number of Homes For Sale

Nov 2022Dec 2022%
3826-31.6%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 53
-40.0%
3 1713
-23.5%
4 115
-54.5%
5+ 55
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
94-55.6%

Asking Price vs. Sold Price

3 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 Center Valley, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
13 Days27 Days+107.5%

Breakdown of Home Sale Times

3 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 Center Valley 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 Center Valley, PA

Homes for sale in Center Valley, PA have reached 26. Between November 2022 and December 2022, Center Valley, PA real estate market has seen decrease in the number of listings by 31.6%. In December 2022, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $450,000. From November 2022 through December 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices decreased by 43.7%, the cost of 3 bedrooms properties went up by 3.9%, prices of 4 bedrooms properties increased by 8.1%, 5 bedrooms properties prices increased by 45%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went down by 40%, 3 bedrooms homes inventory decreased by 23.5%, the quantity of 4 bedrooms homes went down by 54.5%, 5 bedrooms homes did not move. In December 2022, from all listings sold in Center Valley, PA there were more than 0 sold above asking price, over 3 sold below and more than 1 were sold right at the asked price.

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