Is Rose Valley, 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, Rose Valley has remained a Seller's Market.
Key Takeaway
Rose Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rose Valley, PA
How much do homes in Rose Valley, PA cost?
Median Sold Price
$809,000
$310/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Rose Valley have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Rose Valley was $809,000 in May 2024, up 4.1% from last year, and the median price per square foot was $310.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $310K | - | N/A |
| 3 Bedrooms | $705K | $369.9K | -47.5% |
| 4 Bedrooms | $833K | $738.7K | -11.3% |
| 5+ Bedrooms | $1.0M | $941.2K | -9.3% |
Summary: Rose Valley 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 did not change, 3 bedroom homes decreased by 47.5%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes decreased by 9.3%.
Median Sold Price Compared To Nearby Cities
| Wallingford | $332.5K | $450K | +35.3% |
| Nether Providence Township | $382.5K | $450K | +17.6% |
| Rose Valley | $777.5K | $809K | +4.1% |
| Middletown Township | $375K | $347.1K | -7.4% |
Housing Supply in Rose Valley, PA
How many homes are available in Rose Valley, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Summary: The Rose Valley real estate market had 5 homes for sale in May 2024, a 25.0% 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 | 0 | 0.0% |
| 3 Bedrooms | 0 | 1 | +100.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Rose Valley 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 increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Rose Valley, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Rose Valley in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Rose Valley, PA
How long does it take to sell a home in Rose Valley, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 56 Days | 42 Days | -24.1% |
Summary: Homes in Rose Valley had an average of 42 days on market in May 2024, down by 24.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rose Valley are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Rose Valley; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
