Is Quakertown, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
Since last year, Quakertown has remained a Seller's Market.
Key Takeaway
Quakertown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Quakertown, PA cost?
Median Sold Price
$260,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
+$20,000(+8.3%)
Key Takeaway
Homes in Quakertown have sold for 8.3% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jan 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $225K | $230K | +2.2% |
| 3 Bedrooms | $240K | $255K | +6.3% |
| 4 Bedrooms | $241.9K | $297.5K | +23.0% |
| 5+ Bedrooms | $285K | $254.4K | -10.7% |
Median Sold Price Compared To Nearby Cities
| Richland Township | $280K | $330K | +17.9% |
| Quakertown | $240K | $260K | +8.3% |
| Milford Township | $368.5K | $390K | +5.8% |
How many homes are available in Quakertown, PA?
Number of Homes For Sale
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 23 | 15 | -34.8% |
Homes For Sale By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 15 | 12 | -20.0% |
| 4 Bedrooms | 6 | 3 | -50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Number of Homes Sold
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Quakertown, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Average Sale Time
| Jan 2022 | Jan 2023 | % |
|---|---|---|
| 6 Days | 26 Days | +292.6% |
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Quakertown are selling fast, if you're buying plan to act quickly.
