Is East Rockhill Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, East Rockhill Township was a Seller's Market.
Housing Prices in East Rockhill Township, PA
How much do homes in East Rockhill Township, PA cost?
Median Sold Price
$575,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in East Rockhill Township was $575,000 in May 2024, up 32.2% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $320K | N/A |
2 Bedrooms | $365K | $370K | +1.4% |
3 Bedrooms | $370K | $390K | +5.4% |
4 Bedrooms | $517K | $610.5K | +18.1% |
5+ Bedrooms | $586K | $728K | +24.2% |
Summary: East Rockhill 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 1.4%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes increased by 24.2%.
Median Sold Price Compared To Nearby Cities
East Rockhill Township | $435K | $575K | +32.2% |
West Rockhill Township | $405K | $442.5K | +9.3% |
Richland Township | $380K | $395K | +3.9% |
Perkasie | $425K | $433.2K | +1.9% |
Housing Supply in East Rockhill Township, PA
How many homes are available in East Rockhill Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 13 | +116.7% |
Summary: The East Rockhill Township real estate market had 13 homes for sale in May 2024, a 116.7% 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 | 0 | 2 | +100.0% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 0 | 4 | +100.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The East Rockhill 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 increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in East Rockhill Township in May 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for East Rockhill Township, PA
How long does it take to sell a home in East Rockhill Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
7 Days | 3 Days | -59.1% |
Summary: Homes in East Rockhill Township had an average of 3 days on market in May 2024, down by 59.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in East Rockhill 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.