Is Yardley, 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, Yardley has remained a Seller's Market.
Key Takeaway
Yardley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Yardley, PA
How much do homes in Yardley, PA cost?
Median Sold Price
$603,833
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Yardley have sold for 11% more than they did a year ago.
Summary: The median home sold price in Yardley was $603,833 in May 2024, up 11% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $208K | $225K | +8.2% |
| 2 Bedrooms | $355.9K | $390K | +9.6% |
| 3 Bedrooms | $482.5K | $543K | +12.5% |
| 4 Bedrooms | $678K | $735K | +8.4% |
| 5+ Bedrooms | $832K | $780K | -6.3% |
Summary: Yardley housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes decreased by 6.3%.
Median Sold Price Compared To Nearby Cities
| Ewing Township | $305K | $340K | +11.5% |
| Yardley | $544K | $603.8K | +11.0% |
| Lower Makefield Township | $600.3K | $620.5K | +3.4% |
Housing Supply in Yardley, PA
How many homes are available in Yardley, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 74 | 100 | +35.1% |
Summary: The Yardley real estate market had 100 homes for sale in May 2024, a 35.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 13 | 15 | +15.4% |
| 3 Bedrooms | 29 | 26 | -10.3% |
| 4 Bedrooms | 25 | 41 | +64.0% |
| 5+ Bedrooms | 6 | 17 | +183.3% |
Summary: The Yardley 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 15.4%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes increased by 64%, and 5+ bedroom homes increased by 183.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 21 | 26 | +23.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Yardley, you could pay more than the asking price. 73.1% of homes here sold above asking price last month.
Summary: A total of 26 homes were sold or pending in Yardley in May 2024, up by 23.8% month-over-month. Of the 26 sold homes, 15% were sold under asking, 12% were sold at asking, and 73% were sold over asking.
Days on Market for Yardley, PA
How long does it take to sell a home in Yardley, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 19 Days | 12 Days | -36.5% |
Summary: Homes in Yardley had an average of 12 days on market in May 2024, down by 36.5% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Yardley are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 26 homes were sold in Yardley; 92% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
