Is Upland, 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, Upland has remained a Seller's Market.
Key Takeaway
Upland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Upland, PA
How much do homes in Upland, PA cost?
Median Sold Price
$185,000
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Upland have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Upland was $185,000 in May 2024, up 7.6% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $59.9K | - | N/A |
| 2 Bedrooms | $110.5K | $129.9K | +17.6% |
| 3 Bedrooms | $200K | $189.5K | -5.3% |
| 4 Bedrooms | $224.9K | $179K | -20.4% |
| 5+ Bedrooms | - | $253.5K | N/A |
Summary: Upland 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 17.6%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 20.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Chester | $100K | $116.8K | +16.8% |
| Upland | $172K | $185K | +7.6% |
| Brookhaven | $249.9K | $263K | +5.2% |
| Chester Township | $135K | $125K | -7.4% |
Housing Supply in Upland, PA
How many homes are available in Upland, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Summary: The Upland real estate market had 9 homes for sale in May 2024, a 12.5% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Upland 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 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Upland, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Upland in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Upland, PA
How long does it take to sell a home in Upland, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 13 Days | 10 Days | -23.1% |
Summary: Homes in Upland had an average of 10 days on market in May 2024, down by 23.1% compared to last year.
Breakdown of Home Sale Times
2 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 Upland are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Upland; 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.
