Is Upper Dublin 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, Upper Dublin Township was a Neutral Market.
Key Takeaway
Upper Dublin Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Upper Dublin Township, PA
How much do homes in Upper Dublin Township, PA cost?
Median Sold Price
$560,750
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Upper Dublin Township have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Upper Dublin Township was $560,750 in March 2024, up 2.6% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $164K | $201K | +22.6% |
| 2 Bedrooms | $310.2K | $321K | +3.5% |
| 3 Bedrooms | $465K | $480K | +3.2% |
| 4 Bedrooms | $635K | $625K | -1.6% |
| 5+ Bedrooms | $595K | $782.5K | +31.5% |
Summary: Upper Dublin Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.6%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 31.5%.
Median Sold Price Compared To Nearby Cities
| Ambler | $507.5K | $642.2K | +26.6% |
| Horsham | $355K | $401.6K | +13.1% |
| Upper Dublin Township | $546.4K | $560.7K | +2.6% |
| Dresher | $599K | $575K | -4.0% |
Housing Supply in Upper Dublin Township, PA
How many homes are available in Upper Dublin Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 104 | 103 | -1.0% |
Summary: The Upper Dublin Township real estate market had 103 homes for sale in March 2024, a 1.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 45 | 46 | +2.2% |
| 4 Bedrooms | 30 | 30 | 0.0% |
| 5+ Bedrooms | 20 | 20 | 0.0% |
Summary: The Upper Dublin Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 2.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 14 | +7.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Upper Dublin Township, you could pay more than the asking price. 64.3% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Upper Dublin Township in March 2024, up by 7.7% month-over-month. Of the 14 sold homes, 36% were sold under asking, 0% were sold at asking, and 64% were sold over asking.
Days on Market for Upper Dublin Township, PA
How long does it take to sell a home in Upper Dublin Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 20 Days | 29 Days | +44.8% |
Summary: Homes in Upper Dublin Township had an average of 29 days on market in Mar 2024, up by 44.8% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Upper Dublin Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 14 homes were sold in Upper Dublin Township; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
