Is Perry Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Perry Township is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Perry Township was a Seller's Market.

Key Takeaway

Perry Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Perry Township, PA

How much do homes in Perry Township, PA cost?

Median Sold Price

$245,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$33,500(-12.0%)

Key Takeaway

Homes in Perry Township have sold for 12% less than they did a year ago.

Summary: The median home sold price in Perry Township was $245,000 in May 2024, down 12% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $220K$215K
-2.3%
3 $275K$260K
-5.5%
4 $317.5K-
N/A
5+ $227.5K-
N/A

Summary: Perry Township 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 decreased by 2.3%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Windsor Township
+13.7%
Shoemakersville
-2.0%
Maidencreek Township
-2.3%
Perry Township
-12.0%

Housing Supply in Perry Township, PA

How many homes are available in Perry Township, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
47+75.0%

Summary: The Perry Township real estate market had 7 homes for sale in May 2024, a 75.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 22
0.0%
4 13
+200.0%
5+ 11
0.0%

Summary: The Perry Township 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Perry Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Perry Township in May 2024, the same as the previous 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 Perry Township, PA

How long does it take to sell a home in Perry Township, PA?

Average Sale Time

May 2023May 2024CHANGE
8 Days8 Days0.0%

Summary: Homes in Perry Township had an average of 8 days on market in May 2024, the same as last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Perry Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Perry Township; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Perry Township, PA

Nearby Markets to Perry Township, PA