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 buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Upper Saucon Township was a Neutral Market.

Key Takeaway

Upper Saucon Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Upper Saucon Township, PA

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

Median Sold Price

$470,000

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$9,000(+2.0%)

Key Takeaway

Homes in Upper Saucon Township have sold for 2% more than they did a year ago.

Summary: The median home sold price in Upper Saucon Township was $470,000 in February 2024, up 2% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $294K$335K
+13.9%
3 $364K$394.9K
+8.5%
4 $620K$590K
-4.8%
5+ $812K$835K
+2.8%

Summary: Upper Saucon Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 2.8%.

Median Sold Price Compared To Nearby Cities

Coopersburg
+17.1%
Salisbury Township
+15.2%
Springfield Township
+2.3%
Upper Saucon Township
+2.0%
Center Valley
-1.7%

Housing Supply in Upper Saucon Township, PA

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

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
4640-13.0%

Summary: The Upper Saucon Township real estate market had 40 homes for sale in February 2024, a 13.0% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1510
-33.3%
4 2322
-4.3%
5+ 45
+25.0%

Summary: The Upper Saucon Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
115-54.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Upper Saucon Township, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Upper Saucon Township in February 2024, down by 54.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% 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

Feb 2023Feb 2024CHANGE
73 Days7 Days-89.9%

Summary: Homes in Upper Saucon Township had an average of 7 days on market in Feb 2024, down by 89.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 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 February 2024, 5 homes were sold in Upper Saucon 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.

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

Report Updated 1 Day Ago

Newest Listings in Upper Saucon Township, PA

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