Is Middlesex Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Middlesex Township has remained a Seller's Market.
Key Takeaway
Middlesex Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Middlesex Township, PA
How much do homes in Middlesex Township, PA cost?
Median Sold Price
$467,450
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Middlesex Township have sold for 28.1% more than they did a year ago.
Summary: The median home sold price in Middlesex Township was $467,450 in March 2024, up 28.1% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $402.4K | $410K | +1.9% |
| 3 Bedrooms | $295K | $305K | +3.4% |
| 4 Bedrooms | $551K | $543K | -1.5% |
| 5+ Bedrooms | $625K | $653K | +4.5% |
Summary: Middlesex Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Cities
| Middlesex Township | $365K | $467.4K | +28.1% |
| Clinton Township | $316K | $390K | +23.4% |
| Adams Township | $484K | $525K | +8.5% |
| Gibsonia | $405K | $415.7K | +2.7% |
Housing Supply in Middlesex Township, PA
How many homes are available in Middlesex Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Summary: The Middlesex Township real estate market had 15 homes for sale in March 2024, a 6.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Middlesex Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 7 | +250.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Middlesex Township, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Middlesex Township in March 2024, up by 250.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.
Days on Market for Middlesex Township, PA
How long does it take to sell a home in Middlesex Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 4 Days | 53 Days | +1033.8% |
Summary: Homes in Middlesex Township had an average of 53 days on market in Mar 2024, up by 1033.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Middlesex Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 7 homes were sold in Middlesex Township; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
