Is Upper Saucon Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Upper Saucon Township is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Upper Saucon Township has remained a Seller's Market.

Key Takeaway

Upper Saucon Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Upper Saucon Township, PA

How much do homes in Upper Saucon Township, PA cost?

Median Sold Price

$484,000

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$4,333(+0.9%)

Key Takeaway

Homes in Upper Saucon Township have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Upper Saucon Township was $484,000 in September 2024, up 0.9% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $360K$411K
+14.2%
3 $390K$400K
+2.6%
4 $660K$680K
+3.0%
5+ $815K$892.5K
+9.5%

Summary: Upper Saucon Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 9.5%.

Median Sold Price Compared To Nearby Cities

Coopersburg
+6.3%
Salisbury Township
+6.0%
Springfield Township
+2.1%
Center Valley
+1.1%
Upper Saucon Township
+0.9%

Housing Supply in Upper Saucon Township, PA

How many homes are available in Upper Saucon Township, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
8875-14.8%

Summary: The Upper Saucon Township real estate market had 75 homes for sale in September 2024, a 14.8% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 22
0.0%
3 4335
-18.6%
4 2928
-3.4%
5+ 1410
-28.6%

Summary: The Upper Saucon Township housing inventory by bedroom type for September 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 18.6%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2414-41.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Upper Saucon Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Upper Saucon Township in September 2024, down by 41.7% month-over-month. Of the 14 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for Upper Saucon Township, PA

How long does it take to sell a home in Upper Saucon Township, PA?

Average Sale Time

Sep 2023Sep 2024CHANGE
12 Days81 Days+529.6%

Summary: Homes in Upper Saucon Township had an average of 81 days on market in Sep 2024, up by 529.6% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Upper Saucon Township are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 14 homes were sold in Upper Saucon Township; 64% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Upper Saucon Township, PA

Nearby Markets to Upper Saucon Township, PA

What housing markets are near Upper Saucon Township, PA?