Is Upper Frederick 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 Frederick Township was a Seller's Market.
Key Takeaway
Upper Frederick Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Upper Frederick Township, PA
How much do homes in Upper Frederick Township, PA cost?
Median Sold Price
$340,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Upper Frederick Township have sold for 13% more than they did a year ago.
Summary: The median home sold price in Upper Frederick Township was $340,000 in March 2024, up 13% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $200K | N/A |
| 2 Bedrooms | $408.7K | $315K | -22.9% |
| 3 Bedrooms | $299.9K | $322.5K | +7.6% |
| 4 Bedrooms | $575K | $435K | -24.3% |
| 5+ Bedrooms | $600K | $395K | -34.2% |
Summary: Upper Frederick Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.9%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 24.3%, and 5+ bedroom homes decreased by 34.2%.
Median Sold Price Compared To Nearby Cities
| Perkiomenville | $317K | $417.5K | +31.7% |
| Upper Frederick Township | $301K | $340K | +13.0% |
| Marlborough Township | $450K | $399K | -11.3% |
Housing Supply in Upper Frederick Township, PA
How many homes are available in Upper Frederick Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Summary: The Upper Frederick Township real estate market had 12 homes for sale in March 2024, a 33.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Upper Frederick Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 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 Upper Frederick Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Upper Frederick Township in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Upper Frederick Township, PA
How long does it take to sell a home in Upper Frederick Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 83 Days | 3 Days | -95.8% |
Summary: Homes in Upper Frederick Township had an average of 3 days on market in Mar 2024, down by 95.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Upper Frederick Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Upper Frederick Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
