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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ottsville is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Ottsville was a Buyer's Market.

Key Takeaway

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

Housing Prices in Ottsville, PA

How much do homes in Ottsville, PA cost?

Median Sold Price

$580,000

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$245,000(-29.7%)

Key Takeaway

Homes in Ottsville have sold for 29.7% less than they did a year ago.

Summary: The median home sold price in Ottsville was $580,000 in April 2024, down 29.7% from last year, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$325K
N/A
2 $550K-
N/A
3 $415K$570K
+37.3%
4 $845K$692.5K
-18.0%
5+ $1.1M$759.5K
-31.7%

Summary: Ottsville 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 did not change, 3 bedroom homes increased by 37.3%, 4 bedroom homes decreased by 18%, and 5+ bedroom homes decreased by 31.7%.

Median Sold Price Compared To Nearby Cities

Bedminster Township
+7.4%
Tinicum Township
-12.2%
Pipersville
-23.6%
Ottsville
-29.7%

Housing Supply in Ottsville, PA

How many homes are available in Ottsville, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
67+16.7%

Summary: The Ottsville real estate market had 7 homes for sale in April 2024, a 16.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 33
0.0%
5+ 11
0.0%

Summary: The Ottsville 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 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 Ottsville, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Ottsville in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Ottsville, PA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
79 Days382 Days+383.5%

Summary: Homes in Ottsville had an average of 382 days on market in Apr 2024, up by 383.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Ottsville are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Ottsville; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 19 Days Ago

Newest Listings in Ottsville, PA

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