Is Perkasie, PA 18944 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Perkasie is a seller’s market. With about 1.1 months of supply and 55% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score89/ 100

More competitive than 94% of U.S. ZIP codes, and #100 of 601 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.1Under 4 months = seller’s market
Sold above original list55.4%Share of sales, last 3 months
Median sale-to-list101.9%Sold price ÷ list price
Median days on market25Listing to accepted offer
Median price per sq ft$248▲ +3.4% vs. last year

The Perkasie housing market right now

In the three months ending August 31, 2026, 55% of homes in Perkasie, PA 18944 sold above their list price, the typical home went under contract in 25 days and there were 1.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 85 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 44%, homes sold more slowly (13 days then) and the median sale price rose 3% to $489,788. Overall, Perkasie is more competitive than a year ago, so tougher for buyers.

Within Bucks County, homes here sell faster than in 61% of the county’s ZIP codes, and sell more often over asking than in 87%. On our competition score, Perkasie ranks #100 of 601 PA ZIP codes with enough sales (score 89 out of 100).

Nearby, buyers who want less competition could look at Hilltown 18927 (0% sold over asking) or Carversville 18913 (0% sold over asking), while Erwinna 18920 (100% sold over asking) and Riegelsville 18077 (67% sold over asking) are even more competitive.

Nearby markets

Bensalem 19020Seller’s market $256 /sq ftBristol 19007Seller’s market $256 /sq ftCarversville 18913 $268 /sq ftChalfont 18914Seller’s market $272 /sq ft Browse all markets →

Where Perkasie is

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Questions about Perkasie real estate

Is Perkasie a buyer’s or seller’s market?

A seller’s market: there were 1.1 months of supply in Perkasie, PA 18944 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Perkasie?

The typical home went under contract in 25 days in the latest three months.

Do homes in Perkasie sell over asking?

55% of homes sold above their original list price, and the typical sale closed at 101.9% of the list price.

What are property taxes in Perkasie?

About 1.31% of a home’s value a year in Bucks County, or roughly $5,240 on a $400,000 home.

What is the median home price in Perkasie?

The median sale price was $489,788 in the three months ending August 31, 2026, about $248 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology