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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Perkiomenville is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Perkiomenville was a Seller's Market.

Key Takeaway

Perkiomenville 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 Perkiomenville, PA

How much do homes in Perkiomenville, PA cost?

Median Sold Price

$712,500

$195/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$257,500(+56.6%)

Key Takeaway

Homes in Perkiomenville have sold for 56.6% more than they did a month ago.

Summary: The median home sold price in Perkiomenville was $712,500 in February 2024, up 56.6% from last month, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 $434.9K-
N/A
4 $485K$712.5K
+46.9%
5+ --
N/A

Summary: Perkiomenville housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 46.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Perkiomenville
+56.6%
Green Lane
-47.4%

Housing Supply in Perkiomenville, PA

How many homes are available in Perkiomenville, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1613-18.8%

Summary: The Perkiomenville real estate market had 13 homes for sale in February 2024, a 18.8% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 22
0.0%
3 87
-12.5%
4 53
-40.0%
5+ 11
0.0%

Summary: The Perkiomenville housing inventory by bedroom type for February 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 12.5%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Perkiomenville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Perkiomenville in February 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Perkiomenville, PA

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

Average Sale Time

Jan 2024Feb 2024CHANGE
19 Days81 Days+315.8%

Summary: Homes in Perkiomenville had an average of 81 days on market in Feb 2024, up by 315.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Perkiomenville has remained consistent over time.

Summary: During February 2024, 2 homes were sold in Perkiomenville; 0% of homes were sold within 30 days, 100% 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 28 Days Ago

Newest Listings in Perkiomenville, PA

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What housing markets are near Perkiomenville, PA?