Is Buckingham 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, Buckingham Township has remained a Seller's Market.
Housing Prices in Buckingham Township, PA
How much do homes in Buckingham Township, PA cost?
Median Sold Price
$695,000
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Buckingham Township was $695,000 in April 2024, down 7.3% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $322.5K | $327K | +1.4% |
3 Bedrooms | $522.9K | $560K | +7.1% |
4 Bedrooms | $825K | $837.5K | +1.5% |
5+ Bedrooms | $997.7K | $1.0M | +5.4% |
Summary: Buckingham 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 1.4%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Cities
Furlong | $630K | $603.9K | -4.1% |
Buckingham Township | $750K | $695K | -7.3% |
Housing Supply in Buckingham Township, PA
How many homes are available in Buckingham Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
42 | 55 | +31.0% |
Summary: The Buckingham Township real estate market had 55 homes for sale in April 2024, a 31.0% increase 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 | 0 | 2 | +100.0% |
3 Bedrooms | 14 | 12 | -14.3% |
4 Bedrooms | 18 | 27 | +50.0% |
5+ Bedrooms | 10 | 14 | +40.0% |
Summary: The Buckingham 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 increased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 11 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Buckingham Township in April 2024, the same as the previous month. Of the 11 sold homes, 55% were sold under asking, 0% were sold at asking, and 45% were sold over asking.
Days on Market for Buckingham Township, PA
How long does it take to sell a home in Buckingham Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 22 Days | +36.3% |
Summary: Homes in Buckingham Township had an average of 22 days on market in Apr 2024, up by 36.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Buckingham Township; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.