Are Current Trends Affecting Us?
by Sedia Wyatte
Regardless of the state and national trends in home sales, our market is still a burgeoning seller’s market in which we need the help of professional realtors more than ever to buy or sell homes
TBucks County’s housing market remains robust, offering rising prices, quick sales, and a still-competitive environment—especially for luxury properties. That said, growing inventory and slightly slower turnover indicate a shift toward more balanced dynamics. Homebuyers will soon enjoy more room to negotiate, while sellers still benefit from pricing strategies.
The real estate market in Bucks County is still a seller’s market. Prices have gone up in some areas but are basically remaining stable. In April 2025 the median price for a home in Bucks County was $485,000, up 4.6% from April 2024 while inventory remains low, it is moving up . House remain on the market an average of 23 days, an increase of 4 days since April last year. Changes are slow, indication market an upward movement in sales. This April there were 521 sales showing an increase over last year by 14 percent.
The pandemic crash of rates could not hold forever and now with inflation increasing, rates naturally are going up. But are they prohibitive?
Interest rates on mortgages are softening a little, but are hovering around 6.7%. Freddie Mac/Mortgage Reports cites 6.7% for the year and Bankrate lists 2025 year-to-date is 6.85%, as of August 20, 2025, a decrease of .5 percent from last year. This trend is affecting statewide and nationwide sales.
So, what does this all mean for selling or buying a home in Bucks County and surrounding areas? One thing it means is national trends can and probably will have an effect on first time buyers. But the truth is that historically these rates are still low.
Dave Ramsey, budgeting expert and home finance counselor, says “So, what if you are debt-free and do have a full emergency fund? In that case, now is actually a great time to buy a house. Sure, the interest rates and home prices are high, but they’re only going to keep climbing. And because interest rates are high right now, fewer folks are buying—that means you won’t have as much competition when you make offers. Plus, when and if interest rates do eventually go back down (we’re talking years here, by the way, not months), you can always refinance your mortgage.”
Houses are moving fast and so far, it is still a seller’s market but that could very reasonably change if interest rates continue to climb and if lots of building takes place, which seems to be on the horizon, simply because a limited inventory makes investment
in building a smart move.
For those selling a home in Bucks County, it is still a very good time to sell. And buying a home is the best alternative to renting. The cost of renting a home is continually rising. Younger families are not getting the same tax advantages as homeowners, and they have no accumulation of equity. This is why statistics from the National Association of Realtors show that first-time buyers made up 33% of all home buyers. And although downsizing has been a buzzword for the last decade, 12% of home buyers purchased a multi-generational home, to take care of aging parents or to provide space for children over the age of 18 who are moving back home with their parents.
The market is changing, and it is still complicated for sellers getting the best price and for buyers finding what they need. It is vitally important that sellers and buyers use real estate professionals rather than act as their own agents. The Pennsylvania Realtors Association explains that buyers need a professional realtor because “They understand their local markets and can negotiate on the buyer’s behalf, which is especially beneficial in competitive markets.” As for sellers, “They help navigate the complex home selling process and have the experience to effectively prepare, position and price a home for sale.”
Sedia Wyatte is a freelance writer from Bristol, PA.
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CAROL MAYHEW
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With a career in real estate since 1984 and proudly serving with Coldwell Banker since 1996, I bring decades of experience, insight, and dedication to every transaction. As a Licensed Broker with numerous professional designations -including Luxury Home Specialist -I have the expertise to guide both high-end buyers and sellers through every step of the process. From start to finish, my team and I are committed to addressing all of your real estate needs with care, professionalism, and attention to detail. Scan the QR code to visit my website, where you can read the heartfelt recommendations from clients I've been honored to serve. I'm deeply grateful for their trust -and I'd love to earn yours as well.
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