Is Bushkill 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, Bushkill Township has remained a Seller's Market.
Key Takeaway
Bushkill Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bushkill Township, PA
How much do homes in Bushkill Township, PA cost?
Median Sold Price
$385,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bushkill Township have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Bushkill Township was $385,000 in May 2024, up 1.2% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | $168K | -6.7% |
| 2 Bedrooms | $194K | $315K | +62.4% |
| 3 Bedrooms | $275K | $300K | +9.1% |
| 4 Bedrooms | $465K | $547K | +17.6% |
| 5+ Bedrooms | $722.4K | $695K | -3.8% |
Summary: Bushkill Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.7%, 2 bedroom homes increased by 62.4%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 3.8%.
Median Sold Price Compared To Nearby Cities
| Moore Township | $372.4K | $412.5K | +10.8% |
| Plainfield Township | $289.9K | $305K | +5.2% |
| Bushkill Township | $380.5K | $385K | +1.2% |
| Upper Nazareth Township | $450K | $352K | -21.8% |
Housing Supply in Bushkill Township, PA
How many homes are available in Bushkill Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 57 | 41 | -28.1% |
Summary: The Bushkill Township real estate market had 41 homes for sale in May 2024, a 28.1% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 26 | 18 | -30.8% |
| 4 Bedrooms | 20 | 15 | -25.0% |
| 5+ Bedrooms | 10 | 7 | -30.0% |
Summary: The Bushkill 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 30.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 30%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 15 | 12 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bushkill Township, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Bushkill Township in May 2024, down by 20.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 8% were sold at asking, and 58% were sold over asking.
Days on Market for Bushkill Township, PA
How long does it take to sell a home in Bushkill Township, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 22 Days | 37 Days | +62.5% |
Summary: Homes in Bushkill Township had an average of 37 days on market in May 2024, up by 62.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bushkill Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 12 homes were sold in Bushkill Township; 75% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
