Is Upper Leacock Township, 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, Upper Leacock Township has remained a Buyer's Market.
Key Takeaway
Upper Leacock Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Upper Leacock Township, PA
How much do homes in Upper Leacock Township, PA cost?
Median Sold Price
$347,500
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Upper Leacock Township have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in Upper Leacock Township was $347,500 in March 2024, up 10.3% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $185K | $207.5K | +12.2% |
| 3 Bedrooms | $320K | $345.5K | +8.0% |
| 4 Bedrooms | $342.5K | $392K | +14.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Upper Leacock 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 increased by 12.2%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Upper Leacock Township | $315K | $347.5K | +10.3% |
| Leola | $325K | $355K | +9.2% |
Housing Supply in Upper Leacock Township, PA
How many homes are available in Upper Leacock Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Summary: The Upper Leacock Township real estate market had 11 homes for sale in March 2024, a 8.3% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Upper Leacock 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Upper Leacock Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Upper Leacock Township in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Upper Leacock Township, PA
How long does it take to sell a home in Upper Leacock Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 13 Days | 4 Days | -69.2% |
Summary: Homes in Upper Leacock Township had an average of 4 days on market in Mar 2024, down by 69.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was 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 Leacock Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 1 homes were sold in Upper Leacock 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.
