Real Estate Market Update for Perkasie, PA

Video: Real Estate Community Tour for Perkasie, PA

See Real estate community tour for Perkasie, PA
Welcome to February's Market Update. Let’s take a look at residential real-estate activity in your area during the month of January. The number of active listings was down 20% from one year earlier, and up 8% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 360-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 32%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 270-thousand dollars. The number of units sold increased 13% year-over-year, and decreased 29% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Perkasie, PA
Area Information for Perkasie, PA
  • Population: 8,423
  • Median Age: 39.51 yr
  • Median Commute Time: 26 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 3,322/sq mi
  • Population Change Since 2000: -4.27%
  • Closest Airport: Lehigh Valley International
  • Closest College: Delaware Valley College
  • Closest Jr. College: Biblical Theological Seminary
  • Median Household Income: $66,820
  • Annual Residential Turnover: 5%
  • Median Home Sales Price: $217,550
  • Closest Major Sports Team: Lehigh Valley Ironpigs
  • Change Avg. Household Income Since 2000: 39.55%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Perkasie, PA
Median Age: 39.51 Married: 42% Number of Households: 3,271 Households with Children: 1,135
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Perkasie, PA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Pennridge North Middle School 1.8 mi Public 6-8 4-5 4
      Pennridge High School 2.3 mi Public 9-12 4-5 3
      Deibler El School 2.4 mi Public K-5 4-5 4
      Upper Bucks County Avts 2.8 mi Public 9-12 0 0
      Seylar El School 2.8 mi Public K-5 4-5 5
      All My Children Child Care & Learning Center 3.0 mi Private PRESCHOOL-K 0 0
      Patricia A Guth El School 3.1 mi Public K-5 3-5 5
      Bedminster El School 3.1 mi Public K-5 4-5 4
      Pennridge Central Middle School 3.6 mi Public 6-8 4-5 4
      Pennridge South Middle School 4.1 mi Public 6-8 4 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: and Onboard Informatics © 2015
      Local Weather for Perkasie, PA
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.