Is Uwchlan 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, Uwchlan Township was a Buyer's Market.
Housing Prices in Uwchlan Township, PA
How much do homes in Uwchlan Township, PA cost?
Median Sold Price
$555,000
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Uwchlan Township was $555,000 in March 2024, up 1.4% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $315K | $325K | +3.2% |
3 Bedrooms | $398K | $400K | 0.5% |
4 Bedrooms | $607K | $625K | +3.0% |
5+ Bedrooms | $760K | $655K | -13.8% |
Summary: Uwchlan 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 3.2%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 13.8%.
Median Sold Price Compared To Nearby Cities
East Brandywine Township | $526.9K | $575K | +9.1% |
Upper Uwchlan Township | $599.9K | $650K | +8.3% |
Exton | $525K | $565K | +7.6% |
Uwchlan Township | $547.5K | $555K | +1.4% |
East Caln Township | $432K | $420K | -2.8% |
Housing Supply in Uwchlan Township, PA
How many homes are available in Uwchlan Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 29 | +38.1% |
Summary: The Uwchlan Township real estate market had 29 homes for sale in March 2024, a 38.1% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 7 | 11 | +57.1% |
4 Bedrooms | 11 | 13 | +18.2% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Uwchlan 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 increased by 50%, 3 bedroom homes increased by 57.1%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Uwchlan Township in March 2024, up by 75.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 0% were sold at asking, and 86% were sold over asking.
Days on Market for Uwchlan Township, PA
How long does it take to sell a home in Uwchlan Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
1 Days | 4 Days | +195.2% |
Summary: Homes in Uwchlan Township had an average of 4 days on market in Mar 2024, up by 195.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Uwchlan 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.