Is Tinicum Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
At the same time last year, Tinicum Township was a Buyer's Market.
Key Takeaway
Tinicum Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tinicum Township, PA
How much do homes in Tinicum Township, PA cost?
Median Sold Price
$571,500
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Tinicum Township have sold for 16.9% less than they did a year ago.
Summary: The median home sold price in Tinicum Township was $571,500 in November 2023, down 16.9% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $325K | N/A |
| 2 Bedrooms | $430K | $502.5K | +16.9% |
| 3 Bedrooms | $780K | $527K | -32.4% |
| 4 Bedrooms | $725K | $750K | +3.4% |
| 5+ Bedrooms | $1.1M | $717.2K | -36.2% |
Summary: Tinicum Township housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.9%, 3 bedroom homes decreased by 32.4%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 36.2%.
Median Sold Price Compared To Nearby Cities
| Tinicum Township | $687.5K | $571.5K | -16.9% |
| Pipersville | $735K | $539.9K | -26.5% |
Housing Supply in Tinicum Township, PA
How many homes are available in Tinicum Township, PA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 39 | 38 | -2.6% |
Summary: The Tinicum Township real estate market had 38 homes for sale in November 2023, a 2.6% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Tinicum Township housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tinicum Township, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Tinicum Township in November 2023, up by 75.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.
Days on Market for Tinicum Township, PA
How long does it take to sell a home in Tinicum Township, PA?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 3 Days | 40 Days | +1067.3% |
Summary: Homes in Tinicum Township had an average of 40 days on market in Nov 2023, up by 1067.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Tinicum Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 7 homes were sold in Tinicum Township; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
