Is Pipersville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Pipersville was a Seller's Market.
Key Takeaway
Pipersville 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 Pipersville, PA
How much do homes in Pipersville, PA cost?
Median Sold Price
$536,769
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Pipersville have sold for 23.6% less than they did a year ago.
Summary: The median home sold price in Pipersville was $536,769 in April 2024, down 23.6% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $505K | N/A |
| 2 Bedrooms | $399.5K | $444.5K | +11.3% |
| 3 Bedrooms | $500K | $520.8K | +4.2% |
| 4 Bedrooms | $735K | $629K | -14.4% |
| 5+ Bedrooms | $930K | $581K | -37.5% |
Summary: Pipersville 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 11.3%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 14.4%, and 5+ bedroom homes decreased by 37.5%.
Median Sold Price Compared To Nearby Cities
| Bedminster Township | $540K | $579.9K | +7.4% |
| Tinicum Township | $650K | $571K | -12.2% |
| Plumstead Township | $649K | $536.5K | -17.3% |
| Pipersville | $702.5K | $536.7K | -23.6% |
| Ottsville | $825K | $580K | -29.7% |
Housing Supply in Pipersville, PA
How many homes are available in Pipersville, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 25 | +8.7% |
Summary: The Pipersville real estate market had 25 homes for sale in April 2024, a 8.7% 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 | 0 | 2 | +100.0% |
| 3 Bedrooms | 6 | 9 | +50.0% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Pipersville 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 increased by 50%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pipersville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Pipersville in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Pipersville, PA
How long does it take to sell a home in Pipersville, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 50 Days | 60 Days | +19.5% |
Summary: Homes in Pipersville had an average of 60 days on market in Apr 2024, up by 19.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pipersville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Pipersville; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
