Is Plymouth Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Plymouth Township was a Buyer's Market.
Housing Prices in Plymouth Township, PA
How much do homes in Plymouth Township, PA cost?
Median Sold Price
$497,500
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Plymouth Township was $497,500 in March 2024, up 6.7% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $184.9K | $220K | +19.0% |
2 Bedrooms | $276.2K | $297.5K | +7.7% |
3 Bedrooms | $434K | $450K | +3.7% |
4 Bedrooms | $567.5K | $566.2K | -0.2% |
5+ Bedrooms | $635K | $630K | -0.8% |
Summary: Plymouth Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes decreased by 0.8%.
Median Sold Price Compared To Nearby Cities
Norristown | $245K | $325K | +32.7% |
Plymouth Meeting | $470K | $507.5K | +8.0% |
Plymouth Township | $466.2K | $497.5K | +6.7% |
Conshohocken | $437K | $460K | +5.3% |
Whitemarsh Township | $565K | $574.5K | +1.7% |
Housing Supply in Plymouth Township, PA
How many homes are available in Plymouth Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
42 | 47 | +11.9% |
Summary: The Plymouth Township real estate market had 47 homes for sale in March 2024, a 11.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 7 | 4 | -42.9% |
3 Bedrooms | 9 | 15 | +66.7% |
4 Bedrooms | 21 | 21 | 0.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Plymouth Township 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 decreased by 42.9%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Plymouth Township in March 2024, up by 14.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for Plymouth Township, PA
How long does it take to sell a home in Plymouth Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
12 Days | 16 Days | +35.3% |
Summary: Homes in Plymouth Township had an average of 16 days on market in Mar 2024, up by 35.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Plymouth Township; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.