Median home price in Bucks County stands at $552,950
A typical Bucks County home fetched $552,950 in March, down 1.1% from the previous month, according to an analysis of Realtor.com data.
The median home price in March was up about 10.6% from March 2021. The median home in Bucks County was 2,396 square feet with a list price of $249 per square foot.
The Bucks County market was busy, with a median of 39 days on market. The market added 648 new home listings in March, compared to 688 in March 2021. The market ended the month with some 394 home listings for sale.
Information about your local housing market is available through the USA TODAY Network, with more data from Realtor.com.
After:Looking to buy in the hot Bucks County real estate market? Expect Low Inventories, Record Prices and High Interest Rates
Montgomery County home prices drop 4.3% to $449,950
Montgomery County home prices fell 4.3%, to a median value of $449,950, from a year earlier. The typical home was on the market for 33 days, down from 44 days a year earlier. The typical 2,029 square foot home had a list price of $220 per square foot.
In metro Philadelphia, median home prices reached $314,900, up 5% from the previous month. The median home was 1,535 square feet, with a list price of $200 per square foot.
Across Pennsylvania, median home prices were $274,900, up 5.8% from the previous month. The median house for sale in Pennsylvania had 1,678 square feet at a list price of $166 per square foot.
In the United States, median home prices were $404,950, up 3.2% from the previous month. The median US home for sale was 1,800 square feet, listed at $214 per square foot.
The median list house price – the midpoint of all houses or units listed over a given time period – is used more often in this report instead of the average list house price because experts say the median provides a more accurate view. of what is happening in a market. To find the average price, all listed home prices are added together and then divided by the number of homes sold. This measure can be distorted by a low or high price.
The USA TODAY Network publishes localized versions of this story on its news sites across the country, generated with data from the Realtor.com residential listings database. The story was written by Mike Stucka and Sean Lahman.