Is Upper Providence 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 Providence Township was a Neutral Market.
Housing Prices in Upper Providence Township, PA
How much do homes in Upper Providence Township, PA cost?
Median Sold Price
$467,500
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Upper Providence Township was $467,500 in March 2024, down 0.5% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $154.9K | $171.9K | +11.0% |
2 Bedrooms | $217.4K | $242K | +11.3% |
3 Bedrooms | $380.7K | $440K | +15.6% |
4 Bedrooms | $686K | $721.1K | +5.1% |
5+ Bedrooms | $900.5K | $890K | -1.2% |
Summary: Upper Providence Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 1.2%.
Median Sold Price Compared To Nearby Cities
Mont Clare | $179.9K | $205K | +14.0% |
Phoenixville | $400K | $440.3K | +10.1% |
Trappe | $385K | $411K | +6.8% |
Upper Providence Township | $470K | $467.5K | -0.5% |
Collegeville | $540K | $501K | -7.2% |
Housing Supply in Upper Providence Township, PA
How many homes are available in Upper Providence Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
70 | 66 | -5.7% |
Summary: The Upper Providence Township real estate market had 66 homes for sale in March 2024, a 5.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 7 | 3 | -57.1% |
3 Bedrooms | 37 | 34 | -8.1% |
4 Bedrooms | 16 | 19 | +18.8% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Upper Providence Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 57.1%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 14 | -17.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Upper Providence Township in March 2024, down by 17.6% month-over-month. Of the 14 sold homes, 36% were sold under asking, 29% were sold at asking, and 36% were sold over asking.
Days on Market for Upper Providence Township, PA
How long does it take to sell a home in Upper Providence Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
22 Days | 32 Days | +48.1% |
Summary: Homes in Upper Providence Township had an average of 32 days on market in Mar 2024, up by 48.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 14 homes were sold in Upper Providence Township; 64% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.