Is Lower Pottsgrove 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, Lower Pottsgrove Township has remained a Seller's Market.
Housing Prices in Lower Pottsgrove Township, PA
How much do homes in Lower Pottsgrove Township, PA cost?
Median Sold Price
$337,500
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lower Pottsgrove Township was $337,500 in April 2024, down 3.6% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $260K | $230K | -11.5% |
3 Bedrooms | $333K | $317K | -4.8% |
4 Bedrooms | $393K | $400K | +1.8% |
5+ Bedrooms | $422.4K | $446K | +5.6% |
Summary: Lower Pottsgrove 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 decreased by 11.5%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 5.6%.
Housing Supply in Lower Pottsgrove Township, PA
How many homes are available in Lower Pottsgrove Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 26 | -7.1% |
Summary: The Lower Pottsgrove Township real estate market had 26 homes for sale in April 2024, a 7.1% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 17 | 14 | -17.6% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Lower Pottsgrove 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 decreased by 17.6%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 9 | -10.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Lower Pottsgrove Township in April 2024, down by 10.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 22% were sold at asking, and 56% were sold over asking.
Days on Market for Lower Pottsgrove Township, PA
How long does it take to sell a home in Lower Pottsgrove Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 10 Days | -48.1% |
Summary: Homes in Lower Pottsgrove Township had an average of 10 days on market in Apr 2024, down by 48.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Lower Pottsgrove Township; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.