Is Pipersville, 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, Pipersville has remained a Seller's Market.
Key Takeaway
Pipersville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pipersville, PA
How much do homes in Pipersville, PA cost?
Median Sold Price
$540,000
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Pipersville have sold for 17.6% less than they did a year ago.
Summary: The median home sold price in Pipersville was $540,000 in May 2024, down 17.6% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $505K | N/A |
| 2 Bedrooms | $389K | $450K | +15.7% |
| 3 Bedrooms | $500K | $519.8K | +4.0% |
| 4 Bedrooms | $735K | $625K | -15.0% |
| 5+ Bedrooms | $930K | $581K | -37.5% |
Summary: Pipersville 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 15.7%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes decreased by 37.5%.
Median Sold Price Compared To Nearby Cities
| Tinicum Township | $587.5K | $600K | +2.1% |
| Bedminster Township | $538.5K | $538.7K | 0.0% |
| Plumstead Township | $620K | $536.5K | -13.5% |
| Pipersville | $655.2K | $540K | -17.6% |
Housing Supply in Pipersville, PA
How many homes are available in Pipersville, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 24 | 25 | +4.2% |
Summary: The Pipersville real estate market had 25 homes for sale in May 2024, a 4.2% 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 | 9 | 6 | -33.3% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Pipersville 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 33.3%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pipersville, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Pipersville in May 2024, up by 25.0% month-over-month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% were sold over asking.
Days on Market for Pipersville, PA
How long does it take to sell a home in Pipersville, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 16 Days | 4 Days | -74.7% |
Summary: Homes in Pipersville had an average of 4 days on market in May 2024, down by 74.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pipersville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Pipersville; 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.
