Is Douglassville, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Douglassville is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Douglassville has remained a Seller's Market.

Key Takeaway

Douglassville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Douglassville, PA

How much do homes in Douglassville, PA cost?

Median Sold Price

$428,000

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$3,000(+0.7%)

Key Takeaway

Homes in Douglassville have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in Douglassville was $428,000 in September 2024, up 0.7% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $100K$239.9K
+139.9%
2 $210K$240.5K
+14.5%
3 $331K$340K
+2.7%
4 $462.6K$500K
+8.1%
5+ $580K$421.5K
-27.3%

Summary: Douglassville housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 139.9%, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes decreased by 27.3%.

Median Sold Price Compared To Nearby Cities

Union Township
+6.1%
Birdsboro
+1.6%
Amity Township
+1.2%
Douglassville
+0.7%

Housing Supply in Douglassville, PA

How many homes are available in Douglassville, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
36360.0%

Summary: The Douglassville real estate market had 36 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1414
0.0%
4 1715
-11.8%
5+ 46
+50.0%

Summary: The Douglassville housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
911+22.2%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Douglassville, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Douglassville in September 2024, up by 22.2% month-over-month. Of the 11 sold homes, 18% were sold under asking, 36% were sold at asking, and 45% were sold over asking.

Days on Market for Douglassville, PA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
13 Days13 Days-4.9%

Summary: Homes in Douglassville had an average of 13 days on market in Sep 2024, down by 4.9% compared to last year.

Breakdown of Home Sale Times

10 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 Douglassville are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 11 homes were sold in Douglassville; 91% of homes were sold within 30 days, 9% 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 Sep 1, 2024

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