Is Schwenksville, 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, Schwenksville has remained a Buyer's Market.
Housing Prices in Schwenksville, PA
How much do homes in Schwenksville, PA cost?
Median Sold Price
$420,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Schwenksville was $420,000 in March 2024, up 31.3% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $52.5K | $89.7K | +71.0% |
2 Bedrooms | $100K | $120K | +20.0% |
3 Bedrooms | $305K | $340K | +11.5% |
4 Bedrooms | $588K | $645K | +9.7% |
5+ Bedrooms | $660K | $730K | +10.6% |
Summary: Schwenksville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 10.6%.
Median Sold Price Compared To Nearby Cities
Schwenksville | $320K | $420K | +31.3% |
Perkiomen Township | $383.2K | $440K | +14.8% |
Lower Frederick Township | $310K | $343.5K | +10.8% |
Housing Supply in Schwenksville, PA
How many homes are available in Schwenksville, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 38 | 0.0% |
Summary: The Schwenksville real estate market had 38 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 17 | 15 | -11.8% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Schwenksville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 5 | -44.4% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Schwenksville in March 2024, down by 44.4% month-over-month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% were sold over asking.
Days on Market for Schwenksville, PA
How long does it take to sell a home in Schwenksville, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
26 Days | 19 Days | -25.8% |
Summary: Homes in Schwenksville had an average of 19 days on market in Mar 2024, down by 25.8% compared to last year.
Breakdown of Home Sale Times
4 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, 5 homes were sold in Schwenksville; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.