Is Oley, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Oley was a Seller's Market.
Housing Prices in Oley, PA
How much do homes in Oley, PA cost?
Median Sold Price
$361,010
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Oley was $361,010 in May 2024, up 19.5% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $270K | $377.5K | +39.8% |
3 Bedrooms | $285K | $294K | +3.2% |
4 Bedrooms | $550K | $510K | -7.3% |
5+ Bedrooms | $561K | $375K | -33.2% |
Summary: Oley housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 39.8%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes decreased by 33.2%.
Median Sold Price Compared To Nearby Cities
Oley | $302K | $361K | +19.5% |
Oley Township | $302K | $350K | +15.9% |
Alsace Township | $268.5K | $284K | +5.8% |
Housing Supply in Oley, PA
How many homes are available in Oley, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Summary: The Oley real estate market had 8 homes for sale in May 2024, a 14.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 1 | 3 | +200.0% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Oley housing inventory by bedroom type for May 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 200%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Oley in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Oley, PA
How long does it take to sell a home in Oley, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
49 Days | 176 Days | +259.2% |
Summary: Homes in Oley had an average of 176 days on market in May 2024, up by 259.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Oley; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.