Is Upper Providence 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, Upper Providence Township has remained a Seller's Market.
Housing Prices in Upper Providence Township, PA
How much do homes in Upper Providence Township, PA cost?
Median Sold Price
$620,000
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Upper Providence Township was $620,000 in May 2024, down 9.2% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $250K | $397.5K | +59.0% |
3 Bedrooms | $505K | $475K | -5.9% |
4 Bedrooms | $810K | $661K | -18.4% |
5+ Bedrooms | $1.1M | $970K | -13.4% |
Summary: Upper Providence 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 59%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes decreased by 13.4%.
Median Sold Price Compared To Nearby Cities
Nether Providence Township | $382.5K | $450K | +17.6% |
Marple Township | $480.7K | $540K | +12.3% |
Media | $571.7K | $575K | +0.6% |
Middletown Township | $375K | $347.1K | -7.4% |
Upper Providence Township | $682.5K | $620K | -9.2% |
Housing Supply in Upper Providence Township, PA
How many homes are available in Upper Providence Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
30 | 32 | +6.7% |
Summary: The Upper Providence Township real estate market had 32 homes for sale in May 2024, a 6.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 12 | 17 | +41.7% |
5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The Upper Providence 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Upper Providence Township in May 2024, the same as the previous month. Of the 8 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.
Days on Market for Upper Providence Township, PA
How long does it take to sell a home in Upper Providence Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
3 Days | 3 Days | +16.2% |
Summary: Homes in Upper Providence Township had an average of 3 days on market in May 2024, up by 16.2% 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 Upper Providence 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.