Is Upper Saucon Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$495,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Upper Saucon Township have sold for 8.8% less than they did a year ago.
Summary: The median home sold price in Upper Saucon Township was $495,000 in June 2024, down 8.8% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $347.5K | $335K | -3.6% |
| 3 Bedrooms | $394.9K | $414.1K | +4.9% |
| 4 Bedrooms | $708K | $590K | -16.7% |
| 5+ Bedrooms | $812K | $870K | +7.1% |
Summary: Upper Saucon Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 7.1%.
Median Sold Price Compared To Nearby Cities
| Coopersburg | $394.9K | $430K | +8.9% |
| Salisbury Township | $312K | $333K | +6.7% |
| Springfield Township | $440K | $453.3K | +3.0% |
| Center Valley | $482K | $462.2K | -4.1% |
| Upper Saucon Township | $542.5K | $495K | -8.8% |
Housing Supply in Upper Saucon Township, PA
How many homes are available in Upper Saucon Township, PA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 89 | 86 | -3.4% |
Summary: The Upper Saucon Township real estate market had 86 homes for sale in June 2024, a 3.4% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 36 | 41 | +13.9% |
| 4 Bedrooms | 30 | 29 | -3.3% |
| 5+ Bedrooms | 21 | 14 | -33.3% |
Summary: The Upper Saucon Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 13.9%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 23 | 16 | -30.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Upper Saucon Township, you could pay more than the asking price. 81.3% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Upper Saucon Township in June 2024, down by 30.4% month-over-month. Of the 16 sold homes, 19% were sold under asking, 0% were sold at asking, and 81% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 20 Days | 23 Days | +12.2% |
Summary: Homes in Upper Saucon Township had an average of 23 days on market in Jun 2024, up by 12.2% compared to last year.
Breakdown of Home Sale Times
14 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 Saucon Township are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 16 homes were sold in Upper Saucon Township; 88% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
