Is Tinicum 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, Tinicum Township has remained a Seller's Market.
Housing Prices in Tinicum Township, PA
How much do homes in Tinicum Township, PA cost?
Median Sold Price
$600,000
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Tinicum Township was $600,000 in May 2024, up 2.1% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $325K | N/A |
2 Bedrooms | $399.5K | $700K | +75.2% |
3 Bedrooms | $575K | $555K | -3.5% |
4 Bedrooms | $872.5K | $750K | -14.0% |
5+ Bedrooms | $759.5K | $562K | -26.0% |
Summary: Tinicum 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 75.2%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 14%, and 5+ bedroom homes decreased by 26%.
Median Sold Price Compared To Nearby Cities
Kingwood Township | $585K | $599K | +2.4% |
Tinicum Township | $587.5K | $600K | +2.1% |
Pipersville | $655.2K | $540K | -17.6% |
Housing Supply in Tinicum Township, PA
How many homes are available in Tinicum Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 23 | +4.5% |
Summary: The Tinicum Township real estate market had 23 homes for sale in May 2024, a 4.5% 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 | 4 | 4 | 0.0% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Tinicum 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 remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Tinicum Township in May 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Tinicum Township, PA
How long does it take to sell a home in Tinicum Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
18 Days | 4 Days | -74.6% |
Summary: Homes in Tinicum Township had an average of 4 days on market in May 2024, down by 74.6% 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
Summary: During May 2024, 5 homes were sold in Tinicum 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.