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 April 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
$475,000
$224/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Summary: The median home sold price in Upper Providence Township was $475,000 in April 2024, the same as last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $149.9K | $175K | +16.7% |
2 Bedrooms | $205K | $265K | +29.3% |
3 Bedrooms | $390K | $434.5K | +11.4% |
4 Bedrooms | $687K | $705.2K | +2.7% |
5+ Bedrooms | $900.5K | $887.5K | -1.4% |
Summary: Upper Providence Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 29.3%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 1.4%.
Median Sold Price Compared To Nearby Cities
Mont Clare | $190.7K | $213K | +11.7% |
Phoenixville | $415K | $450K | +8.4% |
Trappe | $385K | $410.5K | +6.6% |
Upper Providence Township | $475K | $475K | 0.0% |
Collegeville | $539.9K | $510K | -5.6% |
Housing Supply in Upper Providence Township, PA
How many homes are available in Upper Providence Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
53 | 58 | +9.4% |
Summary: The Upper Providence Township real estate market had 58 homes for sale in April 2024, a 9.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 30 | 33 | +10.0% |
4 Bedrooms | 13 | 13 | 0.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Upper Providence Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 18 | +5.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Upper Providence Township in April 2024, up by 5.9% month-over-month. Of the 18 sold homes, 28% were sold under asking, 33% were sold at asking, and 39% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
17 Days | 13 Days | -18.4% |
Summary: Homes in Upper Providence Township had an average of 13 days on market in Apr 2024, down by 18.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Upper Providence Township; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.