Is Plumstead Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Plumstead Township has remained a Seller's Market.
Housing Prices in Plumstead Township, PA
How much do homes in Plumstead Township, PA cost?
Median Sold Price
$536,500
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Plumstead Township was $536,500 in May 2024, down 13.5% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $340K | N/A |
2 Bedrooms | $315K | $340K | +7.9% |
3 Bedrooms | $455K | $460K | +1.1% |
4 Bedrooms | $712.3K | $692K | -2.9% |
5+ Bedrooms | $969K | $1.0M | +4.2% |
Summary: Plumstead 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 increased by 7.9%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 4.2%.
Median Sold Price Compared To Nearby Cities
Plumstead Township | $620K | $536.5K | -13.5% |
Pipersville | $655.2K | $540K | -17.6% |
Housing Supply in Plumstead Township, PA
How many homes are available in Plumstead Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
40 | 40 | 0.0% |
Summary: The Plumstead Township real estate market had 40 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 4 | -33.3% |
3 Bedrooms | 13 | 13 | 0.0% |
4 Bedrooms | 17 | 17 | 0.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Plumstead 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 8 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Plumstead Township in May 2024, down by 33.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 50% were sold at asking, and 38% were sold over asking.
Days on Market for Plumstead Township, PA
How long does it take to sell a home in Plumstead Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
14 Days | 5 Days | -60.3% |
Summary: Homes in Plumstead Township had an average of 5 days on market in May 2024, down by 60.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Plumstead 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.