Is Thornbury Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Thornbury Township is a seller's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Thornbury Township was a Buyer's Market.

Key Takeaway

Thornbury Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Thornbury Township, PA

How much do homes in Thornbury Township, PA cost?

Median Sold Price

$770,000

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$95,000(+14.1%)

Key Takeaway

Homes in Thornbury Township have sold for 14.1% more than they did a year ago.

Summary: The median home sold price in Thornbury Township was $770,000 in February 2024, up 14.1% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 -$662K
N/A
3 $579.9K$587.5K
+1.3%
4 $727.5K$874.9K
+20.3%
5+ $784K$1.0M
+33.3%

Summary: Thornbury Township 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 did not change, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes increased by 33.3%.

Housing Supply in Thornbury Township, PA

How many homes are available in Thornbury Township, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2220-9.1%

Summary: The Thornbury Township real estate market had 20 homes for sale in February 2024, a 9.1% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 77
0.0%
4 108
-20.0%
5+ 55
0.0%

Summary: The Thornbury Township 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 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Thornbury Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Thornbury Township in February 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Thornbury Township, PA

How long does it take to sell a home in Thornbury Township, PA?

Average Sale Time

Feb 2023Feb 2024CHANGE
1 Day67 Days+6650.0%

Summary: Homes in Thornbury Township had an average of 67 days on market in Feb 2024, up by 6650% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Thornbury Township has remained consistent over time.

Summary: During February 2024, 4 homes were sold in Thornbury Township; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 27 Days Ago

Newest Listings in Thornbury Township, PA

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What housing markets are near Thornbury Township, PA?