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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Levittown is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Levittown, PA

How much do homes in Levittown, PA cost?

Median Sold Price

$360,000

$233/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$27,500(+8.3%)

Key Takeaway

Homes in Levittown have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Levittown was $360,000 in April 2024, up 8.3% from last year, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $240.5K$265K
+10.2%
3 $320K$330K
+3.1%
4 $344K$370K
+7.6%
5+ $416K$436K
+4.8%

Summary: Levittown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 4.8%.

Median Sold Price Compared To Nearby Neighborhoods

Levittown
+8.3%
Red Cedar
+4.6%
Holly Hill
+0.8%

Housing Supply in Levittown, PA

How many homes are available in Levittown, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
102120+17.6%

Summary: The Levittown real estate market had 120 homes for sale in April 2024, a 17.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 2636
+38.5%
4 5761
+7.0%
5+ 1518
+20.0%

Summary: The Levittown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 38.5%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2839+39.3%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Levittown, you could pay more than the asking price. 41% of homes here sold above asking price last month.

Summary: A total of 39 homes were sold or pending in Levittown in April 2024, up by 39.3% month-over-month. Of the 39 sold homes, 28% were sold under asking, 31% were sold at asking, and 41% were sold over asking.

Days on Market for Levittown, PA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
26 Days10 Days-59.2%

Summary: Homes in Levittown had an average of 10 days on market in Apr 2024, down by 59.2% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Levittown are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 39 homes were sold in Levittown; 90% of homes were sold within 30 days, 10% 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 2 Days Ago

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