Is Morton, 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, Morton has remained a Seller's Market.
Housing Prices in Morton, PA
How much do homes in Morton, PA cost?
Median Sold Price
$373,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Morton was $373,000 in April 2024, up 11% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $200K | $225K | +12.5% |
3 Bedrooms | $360K | $330K | -8.3% |
4 Bedrooms | $352.5K | $440K | +24.8% |
5+ Bedrooms | $301.5K | $315K | +4.5% |
Summary: Morton 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 12.5%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 24.8%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Cities
Morton | $336K | $373K | +11.0% |
Springfield Township | $414K | $450.3K | +8.8% |
Springfield | $425K | $459.6K | +8.2% |
Ridley Township | $285K | $305K | +7.0% |
Housing Supply in Morton, PA
How many homes are available in Morton, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 12 | 0.0% |
Summary: The Morton real estate market had 12 homes for sale in April 2024, the same as 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 | 6 | 4 | -33.3% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Morton 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 33.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Morton in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.
Days on Market for Morton, PA
How long does it take to sell a home in Morton, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 4 Days | -58.7% |
Summary: Homes in Morton had an average of 4 days on market in Apr 2024, down by 58.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Morton; 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.