Is Pipersville, 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, Pipersville has remained a Buyer'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
$536,634
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Pipersville have sold for 25.8% less than they did a year ago.
Summary: The median home sold price in Pipersville was $536,634 in March 2024, down 25.8% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $505K | N/A |
| 2 Bedrooms | $389K | $445.5K | +14.5% |
| 3 Bedrooms | $503.1K | $519.8K | +3.3% |
| 4 Bedrooms | $740K | $576K | -22.2% |
| 5+ Bedrooms | $1.1M | $581K | -48.1% |
Summary: Pipersville 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 14.5%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 48.1%.
Median Sold Price Compared To Nearby Cities
| Bedminster Township | $540K | $568.7K | +5.3% |
| Plumstead Township | $651K | $535K | -17.8% |
| Tinicum Township | $725K | $562K | -22.5% |
| Pipersville | $723.2K | $536.6K | -25.8% |
Housing Supply in Pipersville, PA
How many homes are available in Pipersville, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 32 | 38 | +18.8% |
Summary: The Pipersville real estate market had 38 homes for sale in March 2024, a 18.8% increase 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 | 5 | 7 | +40.0% |
| 4 Bedrooms | 18 | 22 | +22.2% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Pipersville 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 increased by 40%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pipersville, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Pipersville in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 25 Days | 58 Days | +125.2% |
Summary: Homes in Pipersville had an average of 58 days on market in Mar 2024, up by 125.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pipersville are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Pipersville; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
