Is Pipersville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Pipersville has remained a Seller's Market.
Key Takeaway
Pipersville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pipersville, PA
How much do homes in Pipersville, PA cost?
Median Sold Price
$562,000
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Pipersville have sold for 19.1% less than they did a year ago.
Summary: The median home sold price in Pipersville was $562,000 in June 2024, down 19.1% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $505K | N/A |
| 2 Bedrooms | $342K | $450K | +31.6% |
| 3 Bedrooms | $503.1K | $520.8K | +3.5% |
| 4 Bedrooms | $740K | $633K | -14.5% |
| 5+ Bedrooms | $930K | $886K | -4.7% |
Summary: Pipersville housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.6%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 14.5%, and 5+ bedroom homes decreased by 4.7%.
Median Sold Price Compared To Nearby Cities
| Bedminster Township | $550K | $585K | +6.4% |
| Tinicum Township | $620K | $600K | -3.2% |
| Plumstead Township | $579K | $547K | -5.5% |
| Pipersville | $695K | $562K | -19.1% |
Housing Supply in Pipersville, PA
How many homes are available in Pipersville, PA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 31 | 22 | -29.0% |
Summary: The Pipersville real estate market had 22 homes for sale in June 2024, a 29.0% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 14 | 10 | -28.6% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Pipersville housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pipersville, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Pipersville in June 2024, down by 11.1% month-over-month. Of the 8 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Pipersville, PA
How long does it take to sell a home in Pipersville, PA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 15 Days | 33 Days | +115.5% |
Summary: Homes in Pipersville had an average of 33 days on market in Jun 2024, up by 115.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pipersville are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 8 homes were sold in Pipersville; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
