Is Schwenksville, 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, Schwenksville has remained a Seller's Market.
Key Takeaway
Schwenksville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Schwenksville, PA
How much do homes in Schwenksville, PA cost?
Median Sold Price
$460,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Schwenksville have sold for 31.4% more than they did a year ago.
Summary: The median home sold price in Schwenksville was $460,000 in April 2024, up 31.4% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $68K | $104.7K | +54.0% |
| 2 Bedrooms | $100K | $120K | +20.0% |
| 3 Bedrooms | $315K | $350.5K | +11.3% |
| 4 Bedrooms | $635K | $632.5K | -0.4% |
| 5+ Bedrooms | $660K | $733.2K | +11.1% |
Summary: Schwenksville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 54%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 11.3%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 11.1%.
Median Sold Price Compared To Nearby Cities
| Schwenksville | $350K | $460K | +31.4% |
| Lower Frederick Township | $317.5K | $340K | +7.1% |
| Perkiomen Township | $400K | $426.3K | +6.6% |
Housing Supply in Schwenksville, PA
How many homes are available in Schwenksville, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 32 | +28.0% |
Summary: The Schwenksville real estate market had 32 homes for sale in April 2024, a 28.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 8 | 16 | +100.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Schwenksville 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 50%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Schwenksville, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Schwenksville in April 2024, up by 66.7% month-over-month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% were sold over asking.
Days on Market for Schwenksville, PA
How long does it take to sell a home in Schwenksville, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 21 Days | -19.7% |
Summary: Homes in Schwenksville had an average of 21 days on market in Apr 2024, down by 19.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Schwenksville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Schwenksville; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
