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
Since last year, Upper Providence Township has remained a Buyer's Market.
Key Takeaway
Upper Providence Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Upper Providence Township, PA
How much do homes in Upper Providence Township, PA cost?
Median Sold Price
$625,750
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Upper Providence Township have sold for 12.5% less than they did a year ago.
Summary: The median home sold price in Upper Providence Township was $625,750 in March 2024, down 12.5% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $325K | $377.5K | +16.2% |
| 3 Bedrooms | $495K | $495K | 0.0% |
| 4 Bedrooms | $810K | $665K | -17.9% |
| 5+ Bedrooms | $1.1M | $984K | -10.5% |
Summary: Upper Providence 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 16.2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 17.9%, and 5+ bedroom homes decreased by 10.5%.
Median Sold Price Compared To Nearby Cities
| Marple Township | $450K | $525K | +16.7% |
| Nether Providence Township | $382.5K | $434K | +13.5% |
| Media | $607.4K | $575K | -5.3% |
| Upper Providence Township | $715K | $625.7K | -12.5% |
| Middletown Township | $420K | $349K | -16.9% |
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 |
|---|---|---|
| 41 | 46 | +12.2% |
Summary: The Upper Providence Township real estate market had 46 homes for sale in March 2024, a 12.2% 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 | 4 | 1 | -75.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 19 | 24 | +26.3% |
| 5+ Bedrooms | 11 | 15 | +36.4% |
Summary: The Upper Providence 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 decreased by 75%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes increased by 36.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 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 Providence Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Upper Providence Township in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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 |
|---|---|---|
| 172 Days | 50 Days | -70.6% |
Summary: Homes in Upper Providence Township had an average of 50 days on market in Mar 2024, down by 70.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Upper Providence Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Upper Providence Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
