Is East Pikeland 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, East Pikeland Township has remained a Seller's Market.
Housing Prices in East Pikeland Township, PA
How much do homes in East Pikeland Township, PA cost?
Median Sold Price
$462,500
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in East Pikeland Township was $462,500 in April 2024, up 13.3% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $500K | N/A |
2 Bedrooms | $293.5K | $365K | +24.4% |
3 Bedrooms | $360K | $385.9K | +7.2% |
4 Bedrooms | $627.5K | $715K | +13.9% |
5+ Bedrooms | $605K | $815K | +34.7% |
Summary: East Pikeland 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 24.4%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 34.7%.
Median Sold Price Compared To Nearby Cities
East Pikeland Township | $408.2K | $462.5K | +13.3% |
Phoenixville | $415K | $450K | +8.4% |
Upper Providence Township | $475K | $475K | 0.0% |
Spring City | $444.4K | $410K | -7.7% |
East Vincent Township | $561K | $490K | -12.7% |
Housing Supply in East Pikeland Township, PA
How many homes are available in East Pikeland Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 25 | +25.0% |
Summary: The East Pikeland Township real estate market had 25 homes for sale in April 2024, a 25.0% 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 | 2 | 2 | 0.0% |
3 Bedrooms | 11 | 12 | +9.1% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The East Pikeland 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 remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in East Pikeland Township in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for East Pikeland Township, PA
How long does it take to sell a home in East Pikeland Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 23 Days | -4.9% |
Summary: Homes in East Pikeland Township had an average of 23 days on market in Apr 2024, down by 4.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in East Pikeland Township; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.