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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pipersville is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Pipersville was a Seller's Market.

Key Takeaway

Pipersville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Pipersville, PA

How much do homes in Pipersville, PA cost?

Median Sold Price

$536,769

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$189,731(-26.1%)

Key Takeaway

Homes in Pipersville have sold for 26.1% less than they did a year ago.

Summary: The median home sold price in Pipersville was $536,769 in February 2024, down 26.1% from last year, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$505K
N/A
2 $389K$445.5K
+14.5%
3 $500K$521.9K
+4.4%
4 $740K$576K
-22.2%
5+ $1.1M$562K
-49.8%

Summary: Pipersville housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 49.8%.

Median Sold Price Compared To Nearby Cities

Bedminster Township
+5.9%
Tinicum Township
-8.6%
Plumstead Township
-17.7%
Ottsville
-19.5%
Pipersville
-26.1%

Housing Supply in Pipersville, PA

How many homes are available in Pipersville, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3332-3.0%

Summary: The Pipersville real estate market had 32 homes for sale in February 2024, a 3.0% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 55
0.0%
4 2018
-10.0%
5+ 78
+14.3%

Summary: The Pipersville 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 remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was 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 Pipersville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Pipersville in February 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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

Feb 2023Feb 2024CHANGE
27 Days24 Days-10.9%

Summary: Homes in Pipersville had an average of 24 days on market in Feb 2024, down by 10.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 2 homes were sold in Pipersville; 50% of homes were sold within 30 days, 50% 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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