Is West Rockhill Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, West Rockhill Township has remained a Seller's Market.
Key Takeaway
West Rockhill Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Rockhill Township, PA
How much do homes in West Rockhill Township, PA cost?
Median Sold Price
$437,450
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in West Rockhill Township have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in West Rockhill Township was $437,450 in April 2024, up 5.5% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $405K | $437.5K | +8.0% |
| 3 Bedrooms | $353K | $395.9K | +12.2% |
| 4 Bedrooms | $599.2K | $626K | +4.5% |
| 5+ Bedrooms | $570K | $865K | +51.8% |
Summary: West Rockhill Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 51.8%.
Median Sold Price Compared To Nearby Cities
| Sellersville | $334.5K | $415K | +24.1% |
| Telford | $337.5K | $392K | +16.2% |
| West Rockhill Township | $414.5K | $437.4K | +5.5% |
| Telford | $381.5K | $390K | +2.2% |
| Perkasie | $425K | $431.5K | +1.5% |
Housing Supply in West Rockhill Township, PA
How many homes are available in West Rockhill Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Summary: The West Rockhill Township real estate market had 10 homes for sale in April 2024, a 9.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The West Rockhill Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in West Rockhill Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in West Rockhill Township in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for West Rockhill Township, PA
How long does it take to sell a home in West Rockhill Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 50 Days | 15 Days | -69.5% |
Summary: Homes in West Rockhill Township had an average of 15 days on market in Apr 2024, down by 69.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Rockhill Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in West Rockhill 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.
